by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Interested in understanding the financial aid resources available at Ai Austin and your eligibility? Find the answers you seek below.
The Art Institute of Austin average financial aid offer for freshmen students is $6,789.00. Financial aid is provided to about 83% of first-year students, with the bulk of support coming in the form of loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from The Art Institute of Austin you may end up taking on.
As well as scholarships, 52% of freshmen (22 total) received a federal grant, for about $7,776.00 a person.
These scholarships and grants are composed of primarily federal grants, and some state and local awards.
52% of freshman students at The Art Institute of Austin (22 total) got a federal grant, averaging $7,776.00.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 40.48% | $9,425.00 |
| Income 30k-48k | 11.90% | $4,332.00 |
| Income 48k-75k | 4.76% | $4,371.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 4.76% | $1,798.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 42 undergraduate students at The Art Institute of Austin around 83% (34 total) receive some form of grant aid. The typical amount awarded was $6,789.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.