by our College Data Analytics TeamMost students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Massachusetts College of Art and Design can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Massachusetts College of Art and Design offer, and what will you qualify for? Keep reading for more information. Scroll down to learn how much school funding will 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 Massachusetts College of Art and Design.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Massachusetts College of Art and Design, 89% of entering full-time freshmen got some type of financial assistance roughly 382 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $10,421 |
| Institutional grants & scholarships | 65% | $5,643 |
| Federal Pell grants | 34% | $5,838 |
| State/local grants | 37% | $8,150 |
| Federal student loans | 58% | $5,292 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Massachusetts College of Art and Design, around 76% of undergraduates were awarded an average grant or scholarship of $10,346 (across approximately 1431 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $10,346 |
| Federal Pell grants | 30% | $5,322 |
| Federal student loans | 51% | $6,218 |
On-campus students receiving title-IV aid were awarded grants averaging $10,139.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,060 |
| $30,001 – $75,000 | $18,677 |
| Over $75,000 | $29,967 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,100 |
| Off-campus title-IV students | $23,764 |
For a personalized estimate based on your family’s financial situation, use Massachusetts College of Art and Design’s net price calculator: massart.edu/net-price-calculator.
The median student at Massachusetts College of Art and Design graduates with $19,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $25,755 |
| Typical 10-year monthly payment (graduates) | $273.05/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Massachusetts College of Art and Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,018 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $33,772 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $21,500 |
| High income | $18,449 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $19,051 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $19,000 |
A handful of calculated indicators summarize the debt outlook at Massachusetts College of Art and Design.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Massachusetts College of Art and Design:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6396 |
| Total Stafford loan amount | $129,263,643 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 36 |
| Total GI Bill amount | $471,904 |
| Average GI Bill amount per recipient | $13,108 |
References
More about our data sources and methodologies.