The University of the Arts - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

Sticker Price

$69,994

Costs for The University of the Arts
Fee	Cost
Tuition	$48,350
Books and Supplies	$1,314
Other Fees	$180
Room and Board	$17,630
Other Expenses Budget	$2,520

Annual Prices

The annual tuition to attend The University of the Arts is $48,350. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $17,630. For educational materials, students should allocate approximately $1,314 for books and supplies plus $180 for other fees charged by the school. Finally, students should budget $2,520 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend The University of the Arts on a full-time basis is $69,994 per annum.

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

Net Price

The net price provides a more realistic estimate of the true cost of attending The University of the Arts, 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

$40,269

Net Price by Income The University of the Arts
Family Income	Net Price Paid
$0 to $30,000	$34,845
$30,001 to $48,000	$35,626
$48,001 to $75,000	$38,272
$75,001 to $110,000	$38,739
$110,000+	$43,465

The average reported annual net price for The University of the Arts for students receiving grants or scholarship aid was $40,269 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

100% of full-time undergrad The University 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 $25,711 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 92% of students received Federal Student Loans averaging $7,866 and 22% of undergrads took out private student loans averaging $26,684.

Finanical Aid The University of the Arts
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$25,711	100%
Institutional Grants and Scholarships	$23,389	99%
Pell Grants	$4,954	36%
Other Federal Grants	$341	16%
State and Local Grants	$3,311	16%
Federal Student Loans	$7,866	92%
Other Student Loans	$26,684	22%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to The University of the Arts, we've modeled a ten year student loan with an original principal value of $125,928. The loan balance of $125,928 is a four year multiple of the $31,482 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 $1,335 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	$125,928
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$1,335.05
Total Interest Paid	$34,277.57
Sum of All Loan Payments	$160,205.57

Projected 4 Year Degree Price

4 Year Sticker Price

$279,976

Year	All Residents
1	$69,994
2	$72,319
3	$74,721
4	$77,203

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at The University of the Arts to be $279,976 - 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 The University of the Arts
	Price Per Credit	3 Credit Class	4 Credit Class
All Residents	$2,020	$6,060	$8,080

Estimated cost for a class at The University 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 The University of the Arts versus other colleges.