by our College Data Analytics TeamMost students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Interior Designers Institute can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Interior Designers Institute deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Interior Designers Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Interior Designers Institute, 0% of first-time, full-time freshmen received some form of financial aid some 0 freshmen).
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Interior Designers Institute, roughly 28% of undergraduate students received gift aid averaging $3,325 (for some 30 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $3,325 |
| Federal Pell grants | 28% | $3,325 |
| Federal student loans | 44% | $10,160 |
Graduating students at Interior Designers Institute carry a median federal student debt of $17,667 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,667 |
| Median federal debt (graduates only) | $22,082 |
| Typical 10-year monthly payment (graduates) | $234.11/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Interior Designers Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $6,334 |
| 75th percentile | $27,183 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,870 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,999 |
| Continuing-generation students | $14,852 |
A handful of calculated indicators summarize the debt outlook at Interior Designers Institute.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Interior Designers Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 724 |
| Total Stafford loan amount | $14,416,781 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $27,955 |
| Average GI Bill amount per recipient | $13,978 |
References
More about our data sources and methodologies.