by our College Data Analytics TeamBelow is the data on what it actually costs to attend Musicians Institute, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.
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Published attendance costs at Musicians Institute is about $41,795.00 per year.
The blocks below show what you would pay with no aid, with average aid, and as a low-income student.
| Tuition and fees | $34,322.00 |
| + Room, board & other expenses | $7,473.00 |
| Total cost | $41,795.00 |
| That is 27% above the national average net price. |
| Total cost | $41,795.00 |
| − Grants and scholarships | −$5,851.00 |
| Net price | $35,944.00 |
| That is 10% above the national average net price. |
| Total cost | $41,795.00 |
| − Grants and scholarships | −$7,977.00 |
| Net price | $33,818.00 |
| That is 3% above the national average net price. | |
| Go deeper on the components with tuition and fees plus room and board. |
Published costs have climbed year over year by roughly 11.8% per year, so the four-year total runs well above today’s cost. The tables below project the cost forward across a full degree, side by side for a low-income student with aid, a typical student with average aid, and a student paying full sticker price with no aid. Loan math assumes ten-year repayment at 6.8% interest.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 11.8% | 11.8% | 11.8% |
| Freshman year | $37,808.00 | $40,184.00 | $46,726.00 |
| Senior year | $52,829.00 | $56,150.00 | $65,290.00 |
| Total 4-year net price | $180,158.00 | $191,484.00 | $222,654.00 |
| 10-year loan interest @ 6.8% | $68,634.00 | $72,948.00 | $84,823.00 |
| Total monthly payment | $2,073.00 | $2,204.00 | $2,562.00 |
| Total amount paid | $248,792.00 | $264,432.00 | $307,477.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 11.8% | 11.8% | 11.8% |
| Freshman year | $37,808.00 | $40,184.00 | $46,726.00 |
| Senior year | $42,268.00 | $44,925.00 | $52,238.00 |
| Total 2-year net price | $80,075.00 | $85,109.00 | $98,963.00 |
| 10-year loan interest @ 6.8% | $30,506.00 | $32,424.00 | $37,702.00 |
| Total monthly payment | $922.00 | $979.00 | $1,139.00 |
| Total amount paid | $110,581.00 | $117,533.00 | $136,665.00 |
See the full net-price breakdown in the Net Price section.
Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. It is usually a better planning number than the sticker cost above.
| Average net price (on-campus) | $46,518.00 |
| Average net price (off-campus) | $37,793.00 |
Net price is far from uniform: lower-income families typically pay much less after aid. The breakdown below splits average net price across income brackets:
| Family income | Average net price |
|---|---|
| Under $30,000 | $35,638.00 |
| $30,000 to $48,000 | $36,541.00 |
| $48,001 to $75,000 | $38,496.00 |
| $75,001 to $110,000 | $39,295.00 |
| Over $110,000 | $39,845.00 |
Get a tailored estimate from the Musicians Institute Net Price Calculator, or get in touch with the financial aid office.
For the grant-and-scholarship detail behind these figures, see the financial aid page.
The median amount borrowed by graduates of Musicians Institute comes to $6,334.00, landing it in the Very Low (<$10k) burden tier.
Across borrowers, debt at graduation distributes like this:
| Percentile | Debt at graduation |
|---|---|
| 10th | $2,501.00 |
| 25th | $3,668.00 |
| Median (50th) | $6,334.00 |
| 75th | $9,834.00 |
| 90th | $19,667.00 |
The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.
Read the complete debt breakdown on the student-loan-debt breakdown.
Debt at graduation is far from uniform across income levels. The figures below split graduating borrowers into three income brackets:
| Family income | Median debt at graduation |
|---|---|
| Low income | $6,334.00 |
| Middle income | $6,334.00 |
| High income | $5,501.00 |
Borrowers from lower-income families leave school with $833.00 more than graduates from high-income families.
First-generation students frequently graduate with different debt than continuing-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $6,334.00 |
| Continuing-generation students | $7,334.00 |
The Pell Grant is the largest federal grant for undergraduates from low-income families. Looking at Pell recipients versus non-recipients tells us how debt is distributed across need.
The Pell vs non-Pell debt gap at Musicians Institute is $1,535.00. Federal data flags this school for Pell-related debt inequity.
The default-rate category at Musicians Institute is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 5.3% |
To give some context for these rates, Stafford loans disbursed at Musicians Institute add up to $56,588,155.00 distributed across 5,711 student borrowers.
Veteran and active-military students often access dedicated federal aid programs including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.
| GI Bill recipients | 89 |
| Avg GI Bill amount | $13,745.00 |
Read more about military and veteran aid on the veterans benefits detail.
Use the figures above as a launch point, then think through Musicians Institute, a few questions are worth asking:
For a closer look at any of these topics, follow the links below:
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.