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What is the average loan amount at Musicians Institute?

For the academic year 2022-2023, total 39 full-time, first-time students (42% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 240 students (31% of all students) have received federal student loans and the average loan amount is $6,990 at Musicians Institute.

Below tables show the number and amount by source of financial aid at Musicians Institute.
All Undergraduate Student Financial Aid at Musicians Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid29137%$4,448
Pell Grants16321%$5,193
Federal Student Loans24031%$6,990
Beginning Students (Freshmen) Financial Aid at Musicians Institute
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid5257%-
Grants or Scholarship from All Sources4347%$4,265
Federal Grants2729%$5,163
Pell Grants2729%$4,637
Other Federal Grants1617%$888
State/Local Grants11%$3,999
Institutional Grants2426%$1,667
Student Loans3942%$5,637
Federal Student Loans3942%$5,637
Other Student Loans00%$0

Know more about Musicians Institute

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