C
Private 4 Year

CalArts Tuition & Cost

Valencia, California

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How much does it cost to attend?

Sticker Price
$73,980
Costs for California Institute of the Arts
Fee Cost
Tuition$50,850
Books and Supplies$2,590
Other Fees$616
Room and Board $12,524
Other Expenses Budget$7,400

Annual Prices

The annual list price to attend California Institute of the Arts on a full time basis for 2018/2019 is $73,980 for all students regardless of their residency. This fee is comprised of $50,850 for tuition, $12,524 room and board, $2,590 for books and supplies and $616 for other fees. Out of state tuition for California Institute of the Arts is $50,850, the same as California residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend California Institute of the Arts when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$54,594
Net Price by Income California Institute of the Arts
Family Income Net Price Paid
$0 to $30,000$43,576
$30,001 to $48,000$42,784
$48,001 to $75,000$46,265
$75,001 to $110,000$53,382
$110,000+$57,198

The average reported annual net price for California Institute of the Arts for students receiving grants or scholarship aid was $54,594 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

94% of full-time undergrad California Institute of the Arts received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $16,651 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 53% of students received Federal Student Loans averaging $5,501 and 9% of undergrads took out private student loans averaging $30,801.

Finanical Aid California Institute of the Arts
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $16,651 94%
Institutional Grants and Scholarships $14,221 94%
Pell Grants $5,142 23%
Other Federal Grants $2,000 2%
State and Local Grants $7,521 14%
Federal Student Loans $5,501 53%
Other Student Loans $30,801 9%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to California Institute of the Arts, we've modeled a ten year student loan with an original principal value of $155,208. The loan balance of $155,208 is a four year multiple of the $38,802 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,481 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $155,208
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,480.86
Total Interest Paid $22,494.66
Sum of All Loan Payments $177,702.66

Projected 4 Year Degree Price

4 Year Sticker Price
$295,920
Year All Residents
1 $73,980
2 $77,227
3 $80,616
4 $84,153

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at California Institute of the Arts to be $295,920 - assuming graduation in normal time. The estimation assumes a 4.4% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at California Institute of the Arts
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,695 $5,085 $6,780

Estimated cost for a class at California Institute of the Arts based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at California Institute of the Arts versus other colleges.

Tuition Payment Plans Available

California Institute of the Arts Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=111081 IPEDS survey data for California Institute of the Arts.