$5,487

Avg. Federal Grant

$5,485

Avg. Federal Loan

$33,015,263

Total Aid Awarded

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Academy of Art University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

47%

Total Aid Amount Average Total Aid Awarded per year.

$33.015M

Financial Aid Official Website

www.academyart.edu/finances/financial-aid-office

Since the Academy of Art University’s art scholarships program was founded over 40 years ago, they have helped over 45,000 aspiring artists and designers pursue their educational goals.

Till date Academy of Art University has awarded grants and scholarships worth $10 million.

Types of scholarship Academy of Art University provides are:

  •       Emerging Artist Scholarship
  •       Graduate Scholarship
  •       International STEAM Scholarship
  •       Pre-College Programs

They make it a point that their aid is accessible to every single qualified student. That is the reason why they work intimately with people and families to locate the correct financing choices, offer grant and help openings, and host monetary health programs for students and guardians.

The total aid awarded by Academy of Art University is $33,015,263

Explore College Scholarships

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

34%

State Grant Aid

12%

Institution Grant Aid

34%

Pell Grant

34%

Average Aid Awarded

Federal Grant Aid

$5,487

State Grant Aid

$5,211

Institution Grant Aid

$8,286

Pell Grant

$5,185

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants, with Institutional grants having the highest contribution of 34% with an average aid amount being $8,286.

Pell grants have a percentage of 34% with an average aid amount of $5,185 which is lesser than the State grant aid average of $5,211.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,896

$30,001 - $48,000

$8,597

$48,001 - $75,000

$5,196

$75,001 - $110,000

$4,049

Over $110,000

$5,141

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $9,896 while those with family income over $110,000 can expect to receive an aid amount of $5,141. This helps students who are coming from low-income homes to pay for their degree.

Student Loans for Academy of Art University

Average Loan Amount Average Loan Amount received per year.

$6,528/Year

Students Taking Out Loans

46%

Loan Default Rate

5.8%

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