by our College Data Analytics TeamA large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Nashville Film Institute can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can Nashville Film Institute offer, and what will you qualify for? Keep reading for more information. Keep going to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Nashville Film Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Nashville Film Institute, 58% of the incoming full-time class was awarded financial aid approximately 15 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $7,089 |
| Institutional grants & scholarships | 15% | $2,750 |
| Federal Pell grants | 42% | $6,089 |
| State/local grants | 0% | — |
| Federal student loans | 50% | $6,548 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Nashville Film Institute, around 38% of undergraduate students received gift aid averaging $6,463 (across roughly 21 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $6,463 |
| Federal Pell grants | 36% | $6,038 |
| Federal student loans | 45% | $7,166 |
Title-IV recipients living on campus saw average grant aid of $4,383.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,069 |
| $30,001 – $75,000 | $24,303 |
| Over $75,000 | $28,609 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,472 |
| Off-campus title-IV students | $23,818 |
For a customized cost estimate, visit Nashville Film Institute’s official net price calculator: my.nfi.edu/temp/net-price-calculator/npcalc.htm.
A typical borrower at Nashville Film Institute leaves with $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $5,500 |
| Typical 10-year monthly payment (graduates) | $58.31/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Nashville Film Institute.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Nashville Film Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 178 |
| Total Stafford loan amount | $1,157,817 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $86,912 |
| Average GI Bill amount per recipient | $10,864 |
References
More about our data sources and methodologies.