How much does it cost to attend?

Sticker Price
$49,688
Costs for Minneapolis College of Art and Design
Fee Cost
Tuition$37,362
Books and Supplies$2,920
Other Fees$450
Room and Board $7,550
Other Expenses Budget$1,406

Annual Prices

The annual list price to attend Minneapolis College of Art and Design on a full time basis for 2017/2018 is $49,688 for all students regardless of their residency. This fee is comprised of $37,362 for tuition, $7,550 room and board, $2,920 for books and supplies and $450 for other fees. Out of state tuition for Minneapolis College of Art and Design is $37,362, the same as Minnesota 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 Minneapolis 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
$27,182
Net Price by Income Minneapolis College of Art and Design
Family Income Net Price Paid
$0 to $30,000$22,941
$30,001 to $48,000$23,372
$48,001 to $75,000$24,500
$75,001 to $110,000$27,502
$110,000+$30,759

The average reported annual net price for Minneapolis College of Art and Design for students receiving grants or scholarship aid was $27,182 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 Minneapolis College of Art and Design
Type Avg./Student Students Receiving
Annual Total Grant Aid $20,621 100%
Pell Grant $4,207 34%
Federal Student Loan $5,441 94%

The average reported annual net price for Minneapolis College of Art and Design for students receiving grants or scholarship aid was $27,182 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Minneapolis College of Art and Design, we've modeled a ten year student loan with an original principal value of $114,520. The loan balance of $114,520 is a four year multiple of the $28,630 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 $1,196 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 $114,520
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,195.72
Total Interest Paid $28,966.34
Sum of All Loan Payments $143,486.34

Projected 4 Year Degree Price

4 Year Sticker Price
$198,752
Year All Residents
1 $49,688
2 $51,556
3 $53,494
4 $55,506

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Minneapolis College of Art and Design to be $198,752 - assuming graduation in normal time. The estimation assumes a 3.8% 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 Minneapolis College of Art and Design
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,557 $4,671 $6,228

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

Tuition Payment Plans Available

Minneapolis 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=174127 IPEDS survey data for Minneapolis College of Art and Design.