How much does it cost to attend?

Sticker Price
$26,433
Costs for The New England Institute of Art
Fee Cost
Tuition$18,540
Books and Supplies$1,500
Other Fees$96
Room and Board $6,297
Other Expenses Budget$0

Annual Prices

The annual list price to attend The New England Institute of Art on a full time basis for 2017/2018 is $26,433 for all students regardless of their residency. This fee is comprised of $18,540 for tuition, $6,297 room and board, $1,500 for books and supplies and $96 for other fees. Out of state tuition for The New England Institute of Art is $18,540, the same as Massachusetts residents.

All price data is sourced from the 2017/2018 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 The New England Institute of Art when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$28,545
Net Price by Income The New England Institute of Art
Family Income Net Price Paid
$0 to $30,000$26,111
$30,001 to $48,000$26,972
$48,001 to $75,000$30,165
$75,001 to $110,000$31,870
$110,000+$32,509

The average reported annual net price for The New England Institute of Art for students receiving grants or scholarship aid was $28,545 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 The New England Institute of Art
Type Avg./Student Students Receiving
Annual Total Grant Aid $5,281 93%
Pell Grant $4,304 58%
Federal Student Loan $7,660 89%

The average reported annual net price for The New England Institute of Art for students receiving grants or scholarship aid was $28,545 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to The New England Institute of Art, we've modeled a ten year student loan with an original principal value of $132,416. The loan balance of $132,416 is a four year multiple of the $33,104 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 $1,383 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 $132,416
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,382.57
Total Interest Paid $33,492.89
Sum of All Loan Payments $165,908.89

Projected 4 Year Degree Price

4 Year Sticker Price
$105,732
Year All Residents
1 $26,433
2 $28,283
3 $30,263
4 $32,382

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at The New England Institute of Art to be $105,732 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at The New England Institute of Art
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $515 $1,545 $2,060

Estimated cost for a class at The New England Institute of Art 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 The New England Institute of Art versus other colleges.

Tuition Payment Plans Available

The New England Institute of Art 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=167321 IPEDS survey data for The New England Institute of Art.