I
Public 4 Year

Institute of American Indian Arts Tuition & Cost

Santa Fe, New Mexico

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How much does it cost to attend?

Sticker Price

$23,383
Costs for Institute of American Indian and Alaska Native Culture
Fee Cost
Tuition$4,686
Books and Supplies$2,400
Other Fees$635
Room and Board $11,262
Other Expenses Budget$4,400

Annual Tuition & Costs

The annual tuition to attend Institute of American Indian and Alaska Native Culture is $4,686. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $11,262. For educational materials, students should allocate approximately $2,400 for books and supplies plus $635 for other fees charged by the school. Finally, students should budget $4,400 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Institute of American Indian and Alaska Native Culture on a full-time basis is $23,383 per annum.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

The average reported annual net price for Institute of American Indian and Alaska Native Culture for students receiving grants or scholarship aid was $14,659 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending Institute of American Indian and Alaska Native Culture, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$14,659
Net Price by Income Institute of American Indian and Alaska Native Culture
Family Income Net Price Paid
$0 to $30,000$12,965
$30,001 to $48,000$13,910
$48,001 to $75,000$16,803
$75,001 to $110,000n/a
$110,000+n/a

Financial Aid

91% of full-time undergrad Institute of American Indian and Alaska Native Culture received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,069 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 0% of students received Federal Student Loans averaging $0 and 3% of undergrads took out private student loans averaging $12,269.

Finanical Aid Institute of American Indian and Alaska Native Culture
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $7,069 91%
Institutional Grants and Scholarships $2,560 86%
Pell Grants $5,448 67%
Other Federal Grants $850 3%
State and Local Grants $1,805 31%
Federal Student Loans $0 0%
Other Student Loans $12,269 3%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Institute of American Indian and Alaska Native Culture, we've modeled a ten year student loan with an original principal value of $35,676. The loan balance of $35,676 is a four year multiple of the $8,919 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 $378 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 4.99%.

Example Loan $35,676
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $378.22
Total Interest Paid $9,711.00
Sum of All Loan Payments $45,387.00

Projected 4 Year Degree Price

4 Year Sticker Price

$93,532
Year All Residents
1 $23,383
2 $23,620
3 $23,859
4 $24,101

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Institute of American Indian and Alaska Native Culture to be $93,532 - assuming graduation in normal time. The estimation assumes a 1% 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 Institute of American Indian and Alaska Native Culture
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $195 $585 $780

Estimated cost for a class at Institute of American Indian and Alaska Native Culture 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 Institute of American Indian and Alaska Native Culture versus other colleges.

Tuition Payment Plans Available

Institute of American Indian and Alaska Native Culture 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=187745 IPEDS survey data for Institute of American Indian and Alaska Native Culture.