Financial Aid at Massachusetts College of Art and Design
Financial Aid Amount Received
$7,460 (17.69% of tuition)
Percent of Financial Aid Received
97% of 1,833 students
1,723 undergraduate students (97% of all students) have received grants, scholarships, and/or federal student loans at Massachusetts College of Art and Design. The percentage of students who received financial aid extremely higher compared to Public, 4-Years Colleges in Massachusetts.
Compared to similar schools in rankings such as Boston Architectural College and Longy School of Music of Bard College, the percentage of students who received financial aid is much higher (the average of the schools is 77.67%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $7,460 and the average loan amount is $6,261. The average financial aid amount is 17.69% of tuition & fees based on out-of-state rate (tuition & fees: $42,180).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 1,723 | 97% | $12,853,172 | $7,460 |
| Pell Grants | 484 | 27% | $2,275,382 | $4,701 |
| Federal Students Loans | 965 | 54% | $6,042,104 | $6,261 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 384 students have received one or more types of financial aid at Massachusetts College of Art and Design.
The average amount of federal, state, local or institutional grant aid is $8,494 and the average amount of student loans awarded to full-time first-time undergraduate students is $10,039.
The following table shows the financial data by type of aid at Massachusetts College of Art and Design.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 384 | 100% | - | - |
| Grant or scholarship aid | 384 | 100% | $3,261,736 | $8,494 |
| Federal Grants | 384 | 100% | $1,114,060 | $2,901 |
| Pell Grants | 109 | 28% | $486,660 | $4,465 |
| Other Federal Grants | 384 | 100% | $627,400 | $1,634 |
| State/Local Grants | 102 | 27% | $472,772 | $4,635 |
| Institutional Grants | 289 | 75% | $1,674,904 | $5,796 |
| Student Loans | 244 | 64% | $2,449,529 | $10,039 |
| Federal Student Loans | 241 | 63% | $1,275,110 | $5,291 |
| Other Student Loans | 55 | 14% | $1,174,419 | $21,353 |
Financial Aid by Income Level
The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Massachusetts College of Art and Design.
| Income Level | # of Students | # of Students Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| All Income Level | - | - | $1,823,455 | $8,809 |
| 0 - $30,000 | 34 | 34 | $623,023 | $18,324 |
| $30,001 - $48,000 | 23 | 23 | $350,750 | $15,250 |
| $48,001 - $75,000 | 36 | 36 | $390,124 | $10,837 |
| $75,001 - $110,000 | 40 | 40 | $237,773 | $5,944 |
| $110,001 - more | 74 | 74 | $221,785 | $2,997 |
Paid Tuition Rates by Residency
At Massachusetts College of Art and Design, for the first-time/full-time students, 276 students have paid in-state rate of tuition and 108 students have paid out-of-state tuition rate.
| # of Students | |
|---|---|
| In-District Rate | 0 |
| In-State Rate | 276 |
| Out-of-State Rate | 108 |
| Un-known | 0 |
Number of Students by Living Arrangement (Freshmen)
At Massachusetts College of Art and Design, 203 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 52 students live off-campus. In addition, 21 students live with their family.
| # of Students | |
|---|---|
| Living On-Campus | 203 |
| Living Off-Campus | 52 |
| Living with Family | 21 |
| Un-known | 0 |