For the academic year 2022-2023, total 311 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,481 students (96% of all students) received grants or scholarships and the average grant amount is $27,342. In addition, 607 students received student loans and the average loan amount is $6,582.
Below tables show the number and amount by source of financial aid at Maryland Institute College of Art.
For all undergraduate students, total 1,481 students (96% of all students) received grants or scholarships and the average grant amount is $27,342. In addition, 607 students received student loans and the average loan amount is $6,582.
Below tables show the number and amount by source of financial aid at Maryland Institute College of Art.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,481 | 96% | $27,342 |
| Pell Grants | 342 | 22% | $5,051 |
| Federal Student Loans | 607 | 39% | $6,582 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 311 | 100% | - |
| Grants or Scholarship from All Sources | 311 | 100% | $25,767 |
| Federal Grants | 88 | 28% | $7,690 |
| Pell Grants | 71 | 23% | $5,373 |
| Other Federal Grants | 83 | 27% | $3,557 |
| State/Local Grants | 35 | 11% | $12,209 |
| Institutional Grants | 311 | 100% | $22,217 |
| Student Loans | 175 | 56% | $9,965 |
| Federal Student Loans | 144 | 46% | $5,257 |
| Other Student Loans | 31 | 10% | $31,832 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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