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Los Angeles, California

Otis College of Art and Design Tuition & Cost

How much does it cost to attend?

Sticker Price
$64,660
Costs for Otis College of Art and Design
Fee Cost
Tuition$42,370
Books and Supplies$1,400
Other Fees$3,250
Room and Board $14,690
Other Expenses Budget$2,950

Annual Prices

The annual list price to attend Otis College of Art and Design on a full time basis for 2017/2018 is $64,660 for all students regardless of their residency. This fee is comprised of $42,370 for tuition, $14,690 room and board, $1,400 for books and supplies and $3,250 for other fees. Out of state tuition for Otis College of Art and Design is $42,370, the same as California residents.

All price data is sourced from the 2017/2018 U.S. Department of Education National Center for Education Statistics survey.

Sponsored

Net Price

Net price is indicative of what it actually costs to attend Otis College of Art and Design when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$42,699
Net Price by Income Otis College of Art and Design
Family Income Net Price Paid
$0 to $30,000$38,938
$30,001 to $48,000$35,912
$48,001 to $75,000$41,330
$75,001 to $110,000$46,679
$110,000+$46,216

The average reported annual net price for Otis College of Art and Design for students receiving grants or scholarship aid was $42,699 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Otis College of Art and Design
Type Avg./Student Students Receiving
Annual Total Grant Aid $17,640 90%
Pell Grant $4,498 33%
Federal Student Loan $5,012 49%

The average reported annual net price for Otis College of Art and Design for students receiving grants or scholarship aid was $42,699 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Otis College of Art and Design, we've modeled a ten year student loan with an original principal value of $133,772. The loan balance of $133,772 is a four year multiple of the $33,443 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 $1,397 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 4.7%.

Example Loan $133,772
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,396.73
Total Interest Paid $33,835.88
Sum of All Loan Payments $167,607.88

Projected 4 Year Degree Price

4 Year Sticker Price
$258,640
Year All Residents
1 $64,660
2 $66,802
3 $69,014
4 $71,300

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Otis College of Art and Design to be $258,640 - assuming graduation in normal time. The estimation assumes a 3.3% 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 Otis College of Art and Design
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,412 $4,236 $5,648

Estimated cost for a class at Otis College of Art and Design 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 Otis College of Art and Design versus other colleges.

Tuition Payment Plans Available

Otis College of Art and Design 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=120403 IPEDS survey data for Otis College of Art and Design.