Number Received Financial Aid (All Undergraduate)
291
Percent Received Financial Aid(All Undergraduate)
37%
Average Aid Amount
$4,448
Number Received Financial Aid (Freshmen)
52
Percent Received Financial Aid (Freshmen)
57%
Financial Aid Information at Musicians Institute
For the academic year 2021-2022, a total of 291 students (37% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,448. For freshmen (Full-time, first-time degree-seeking undergraduate students), 52 students (57% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Musicians Institute is $28,400, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 291 students (37% of all students) have received grants or scholarships and the average received aid amount is $4,448. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Musicians Institute for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 291 | 37% | $4,448 |
| Pell Grants | 163 | 21% | $5,193 |
| Federal Student Loans | 240 | 31% | $6,990 |
Beginning Students Financial Aid
a total of 52 beginning students (57% of all freshmen) have received any financial aid and 52 students (57% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Musicians Institute.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 52 | 57% | - |
| Grants or Scholarship from All Sources | 43 | 47% | $4,265 |
| Federal Grants | 27 | 29% | $5,163 |
| Pell Grants | 27 | 29% | $4,637 |
| Other Federal Grants | 16 | 17% | $888 |
| State/Local Grants | 1 | 1% | $3,999 |
| Institutional Grants | 24 | 26% | $1,667 |
| Student Loans | 39 | 42% | $5,637 |
| Federal Student Loans | 39 | 42% | $5,637 |
| Other Student Loans | 0 | 0% | $0 |
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