Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $28,363 and the average loan amount is $6,654. The average financial aid amount is 51.43% of tuition & fees (tuition & fees: $55,150).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,334 95%$37,836,005$28,363
Pell Grants292 21%$1,544,280$5,289
Federal Students Loans564 40%$3,752,726$6,654

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), 227 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 $28,435 and the average amount of student loans awarded to full-time first-time undergraduate students is $8,526.
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 Aid227100%--
Grant or scholarship aid227 100%$6,454,778$28,435
Federal Grants68 30%$417,080$6,134
Pell Grants67 30%$358,580$5,352
Other Federal Grants62 27%$58,500$944
State/Local Grants35 15%$272,709$7,792
Institutional Grants227 100%$5,764,989$25,396
Student Loans134 59%$1,142,520$8,526
Federal Student Loans117 52%$620,268$5,301
Other Student Loans17 7%$522,252$30,721