by our College Data Analytics TeamHere’s the full picture on paying for Minneapolis College of Art and Design, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.
Use the section links below to navigate this overview:
The cost of attendance at Minneapolis College of Art and Design works out to about $54,606.00 for a single academic year.
The blocks below show what you would pay with no aid, with average aid, and as a low-income student.
| Tuition and fees | $45,484.00 |
| + Room, board & other expenses | $9,122.00 |
| Total cost | $54,606.00 |
| That is 66% above the national average net price. |
| Total cost | $54,606.00 |
| − Grants and scholarships | −$30,046.00 |
| Net price | $24,560.00 |
| That is 25% below the national average net price. |
| Total cost | $54,606.00 |
| − Grants and scholarships | −$36,310.00 |
| Net price | $18,296.00 |
| That is 44% below the national average net price. | |
| Go deeper on the components with tuition and fees and room and board. |
Published costs have climbed year over year at a recent average of 2.9% per year, so the four-year total runs well above today’s cost. These tables carry the cost across a degree for three cases: low-income w/ aid, average aid, and no aid. Loan totals assume a ten-year repayment at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 2.9% | 2.9% | 2.9% |
| Freshman year | $18,820.00 | $25,263.00 | $56,170.00 |
| Senior year | $20,483.00 | $27,496.00 | $61,134.00 |
| Total 4-year net price | $78,575.00 | $105,477.00 | $234,515.00 |
| 10-year loan interest @ 6.8% | $29,934.00 | $40,183.00 | $89,342.00 |
| Total monthly payment | $904.00 | $1,214.00 | $2,699.00 |
| Total amount paid | $108,510.00 | $145,660.00 | $323,857.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 2.9% | 2.9% | 2.9% |
| Freshman year | $18,820.00 | $25,263.00 | $56,170.00 |
| Senior year | $19,359.00 | $25,987.00 | $57,778.00 |
| Total 2-year net price | $38,179.00 | $51,250.00 | $113,948.00 |
| 10-year loan interest @ 6.8% | $14,545.00 | $19,524.00 | $43,410.00 |
| Total monthly payment | $439.00 | $590.00 | $1,311.00 |
| Total amount paid | $52,723.00 | $70,774.00 | $157,358.00 |
For the complete net-price picture, see the net price section below.
The net price is the real out-of-pocket cost — what families pay after grant and scholarship aid is applied. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.
| Average net price (on-campus) | $29,926.00 |
| Average net price (off-campus) | $25,935.00 |
Net price is not the same for every family — it falls as financial need rises and grant aid increases. Below, average net price is broken out by family income:
| Family income | Average net price |
|---|---|
| Under $30,000 | $20,912.00 |
| $30,000 to $48,000 | $20,630.00 |
| $48,001 to $75,000 | $22,690.00 |
| $75,001 to $110,000 | $28,900.00 |
| Over $110,000 | $31,859.00 |
Run your own numbers with the Minneapolis College of Art and Design Net Price Calculator, or visit the financial aid office.
Curious how grants and scholarships are distributed? Explore the financial aid breakdown.
Typical debt at graduation from Minneapolis College of Art and Design amounts to $19,225.00, landing it in the Low ($10-20k) burden tier.
The percentile breakdown reveals the full debt landscape:
| Percentile | Debt at graduation |
|---|---|
| 10th | $4,750.00 |
| 25th | $8,750.00 |
| Median (50th) | $19,225.00 |
| 75th | $27,000.00 |
| 90th | $35,596.00 |
The spread between the 10th and 90th percentiles reflects how variable debt outcomes are at this school.
Dig deeper into debt on the student loan debt detail.
Debt outcomes vary substantially with family income. Below, debt is broken out by low, middle, and high family income:
| Family income | Median debt at graduation |
|---|---|
| Low income | $21,500.00 |
| Middle income | $20,500.00 |
| High income | $15,250.00 |
Borrowers from lower-income families leave school with $6,250.00 more than graduates from high-income families.
First-gen students typically face different financial-aid contexts than students whose parents attended college.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $19,000.00 |
| Continuing-generation students | $19,500.00 |
Pell Grants are the largest source of federal need-based aid for undergrads. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.
The median debt gap between Pell and non-Pell graduates of Minneapolis College of Art and Design stands at $10,636.00. This institution is flagged by federal data for Pell-debt inequity.
The default-rate classification at Minneapolis College of Art and Design is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 4.6% |
For context on the loan portfolio, Stafford disbursements at Minneapolis College of Art and Design reach $72,576,857.00 distributed across 3,595 recipients.
Veterans and current servicemembers may be eligible for major federal education benefits including the GI Bill and Department of Defense tuition support.
| GI Bill recipients | 14 |
| Avg GI Bill amount | $25,217.00 |
Read more about military and veteran aid on the veterans benefits detail.
Numbers only tell part of the story. As you weigh Minneapolis College of Art and Design, the questions below are worth your time:
Use the pages below to go deeper on a specific part of the cost story:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.