by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
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.
$5,956.00 is the typical The Art Institute of Dallas’s first year financial aid package. A significant 90% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from The Art Institute of Dallas you may end up taking on.
In addition to scholarships, 59% of first-year students (63 total) got federal grant aid, averaging $5,748.00 per person.
The numbers and the graph following pertain to primarily federal grants, plus some local and state grants.
59% of first years at The Art Institute of Dallas (63 total) were awarded a federal grant, averaging $5,748.00.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 41.51% | $7,908.00 |
| Income 30k-48k | 10.38% | $6,851.00 |
| Income 48k-75k | 11.32% | $5,216.00 |
| Income 75k-110k | 6.60% | $1,931.00 |
| Income 110k + | 4.72% | $1,590.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 106 undergraduate students at The Art Institute of Dallas around 90% (92 total) receive some form of grant aid. The typical amount awarded was $5,956.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
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