Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $27,342 and the average loan amount is $6,582. The average financial aid amount is 49.58% of tuition & fees (tuition & fees: $55,150).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,481 96%$40,494,003$27,342
Pell Grants342 22%$1,727,404$5,051
Federal Students Loans607 39%$3,995,288$6,582

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 311 students have received one or more types of financial aid at Maryland Institute College of Art.
The average amount of federal, state, local or institutional grant aid is $25,767 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,965.
The following table shows the financial data by type of aid at Maryland Institute College of Art.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid311100%--
Grant or scholarship aid311 100%$8,013,545$25,767
Federal Grants88 28%$676,739$7,690
Pell Grants71 23%$381,508$5,373
Other Federal Grants83 27%$295,231$3,557
State/Local Grants35 11%$427,315$12,209
Institutional Grants311 100%$6,909,491$22,217
Student Loans175 56%$1,743,839$9,965
Federal Student Loans144 46%$757,043$5,257
Other Student Loans31 10%$986,796$31,832