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 price tag of going to Theatre of Arts can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does TOA deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see how much school funding could be available 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 Theatre of Arts.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Theatre of Arts, 0% of new full-time first-years were awarded at least some aid approximately 0 first-years).
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at TOA, some 36% of undergrads got grants or scholarships worth on average $5,682 (covering around 13 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $5,682 |
| Federal Pell grants | 31% | $5,665 |
| Federal student loans | 28% | $8,700 |
The median federal debt load at TOA comes to $7,489 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,489 |
The figure below distills the debt data into a single burden category for TOA.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at TOA:
| Metric | Value |
|---|---|
| Stafford loan recipients | 109 |
| Total Stafford loan amount | $1,315,366 |
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 | 6 |
| Total GI Bill amount | $59,863 |
| Average GI Bill amount per recipient | $9,977 |
References
More about our data sources and methodologies.