American Academy of Art College
Chicago, IL, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$28,106
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Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$37,670
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$37,670
Additional Costs
Books and Supplies
$1,600
Tuition Payment Plan
Yes
Financial Aid: visit page

Aid & Grants

0
100
70%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
55%
Average Aid Per Year
$13,280
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
55%
Average Federal Grant Aid Per Year
$3,275
Average Institution Grant Aid Per Year
$16,676
Students receiving state aid
49%
Average State Grant Aid Per Year
$4,562
Students receiving federal aid
95%
Average Federal Grant Aid Per Year
$3,275
Average Grant & Scholarship By Family Income
Income
Average Amount
< $30k
$18,717
$30k - $48k
$16,308
$48k - $75k
$14,744
$75k - $110k
$6,138
$110k+
$6,525

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
74%
Average Loan Amount Per Year
$9,065
Students receiving federal loans
74%
Average Federal Loans Per Year
$5,606
Average Other Loans Per Year
$10,030
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$27,000
Loan Default Rate
5%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$296

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