Maryland students paid $48,630 to attend the four-year private not-for-profit institution this year – $1,640 more than the $46,990 charged for 2017-18.
Data shows 93 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 391 students received grants or scholarships totaling $7.8 million and 182 students took out student loans totaling more than $1.6 million.
Including all undergraduates (2,178), 1,658 students used grants or scholarships totaling $35.2 million, and 779 students took out $5.5 million in federal student loans.
The cost of attending
Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
---|---|---|---|---|---|---|
In-state | ~348 | $43,870 | $45,400 | $46,990 | $48,630 | 10.9% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Maryland Institute College of Art in 2015-16.Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
---|---|---|---|---|
Federal grants | 91 | 22% | $469,788 | $5,163 |
State / local grant or scholarship | 30 | 7% | $330,283 | $11,009 |
Institutional grants or scholarships | 391 | 93% | $7,006,439 | $17,919 |
Grant or scholarship aid total | 391 | 93% | $7,806,510 | $19,965 |
Federal student loans | 182 | 43% | $970,943 | $5,335 |
Other student loans | 25 | 6% | $601,215 | $24,049 |
Student loan aid | 182 | 43% | $1,572,158 | $8,638 |
Total student aid | 391 | 93% | - | - |