by our College Data Analytics TeamA lot of students will not be asked to pay 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 Pennsylvania College of Art and Design can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Pennsylvania College of Art and Design provide, and just what are you going to be eligible for? Read on for answers. Keep going to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Pennsylvania College of Art and Design.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Pennsylvania College of Art and Design, 100% of new full-time first-years were awarded at least some aid some 94 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $14,989 |
| Institutional grants & scholarships | 45% | $19,511 |
| Federal Pell grants | 55% | $5,830 |
| State/local grants | 100% | $2,918 |
| Federal student loans | 82% | $5,696 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, approximately 96% of undergrads got grants or scholarships worth on average $13,485 (covering around 309 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $13,485 |
| Federal Pell grants | 47% | $5,779 |
| Federal student loans | 69% | $6,822 |
For on-campus title-IV students, average grant aid came to $13,732.
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 | $24,606 |
| $30,001 – $75,000 | $25,720 |
| Over $75,000 | $34,217 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $30,083 |
| Off-campus title-IV students | $29,266 |
To get a personalized net price estimate, try Pennsylvania College of Art and Design’s net price tool: connect.pcad.edu/register/npc.
The median federal debt load at Pennsylvania College of Art and Design comes to $23,980 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,980 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Pennsylvania College of Art and Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $27,000 |
| Middle income | $18,500 |
| High income | $25,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,415 |
| Continuing-generation students | $21,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Pennsylvania 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 Pennsylvania College of Art and Design:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1207 |
| Total Stafford loan amount | $21,878,117 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $213,489 |
| Average GI Bill amount per recipient | $21,349 |
References
More about our data sources and methodologies.