by our College Data Analytics TeamA lot of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at School of Visual Arts can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can SVA provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading 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. Use the information below to understand how much financial assistance you may get from School of Visual Arts.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at School of Visual Arts, 67% of first-time, full-time freshmen received some form of financial aid approximately 497 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $17,545 |
| Institutional grants & scholarships | 61% | $16,624 |
| Federal Pell grants | 19% | $6,008 |
| State/local grants | 7% | $3,485 |
| Federal student loans | 28% | $5,377 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 60% of undergraduates were awarded grant or scholarship aid averaging $17,439 (across approximately 2073 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $17,439 |
| Federal Pell grants | 16% | $5,987 |
| Federal student loans | 26% | $6,946 |
Title-IV recipients living on campus saw average grant aid of $20,137.
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 | $53,067 |
| $30,001 – $75,000 | $56,851 |
| Over $75,000 | $63,642 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $57,914 |
| Off-campus title-IV students | $58,628 |
For a personalized estimate based on your family’s financial situation, use SVA’s net price tool: npc.collegeboard.org/app/sva.
The median federal debt load at SVA comes to $22,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $22,000 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at SVA.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $28,500 |
| 90th percentile (highest-debt students) | $34,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $23,594 |
| Middle income | $25,000 |
| High income | $20,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,245 |
| Continuing-generation students | $21,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $30,250 |
These indicators are derived from the underlying debt data and summarize the overall picture at SVA.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at SVA:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10564 |
| Total Stafford loan amount | $235,885,903 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 30 |
| Total GI Bill amount | $1,054,662 |
| Average GI Bill amount per recipient | $35,155 |
References
More about our data sources and methodologies.