by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Discover the financial aid possibilities at American Academy of Dramatic Arts - Los Angeles and learn what assistance you might qualify for by continuing to read.
American Academy of Dramatic Arts - Los Angeles average financial aid offer for freshmen students is $10,260.00. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from American Academy of Dramatic Arts - Los Angeles you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The following numbers pertain to assistance that is supplied by American Academy of Dramatic Arts - Los Angeles.
100% of new students (92 total) were given scholarships at American Academy of Dramatic Arts - Los Angeles, averaging $8,236.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 36% of freshman students (33 total) obtained federal grant aid, averaging $4,616.00 a piece.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 17.39% | $19,142.00 |
| Income 30k-48k | 5.43% | $11,809.00 |
| Income 48k-75k | 9.78% | $10,282.00 |
| Income 75k-110k | 13.04% | $7,833.00 |
| Income 110k + | 13.04% | $7,917.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
92 American Academy of Dramatic Arts - Los Angeles undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $10,260.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.