by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
School of Visual Arts average financial aid offer for freshmen students is $15,460.00. A significant 58% of freshmen benefit from financial aid, with the main type being grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at School of Visual Arts.
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 next numbers refer to grants and scholarships mainly supplied by the college itself.
50% of first-year students (480 total) were offered scholarships at School of Visual Arts, averaging $14,206.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 14% of first-year students (138 total) got a federal grant, for about $5,435.00 per person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 8.32% | $22,134.00 |
| Income 30k-48k | 3.22% | $20,799.00 |
| Income 48k-75k | 3.95% | $17,307.00 |
| Income 75k-110k | 1.77% | $10,734.00 |
| Income 110k + | 6.96% | $12,378.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 962 undergraduate students at School of Visual Arts around 58% (504 total) receive some form of grant aid. The typical amount awarded was $15,460.00.
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.