M
Private 4 Year

MIAD Tuition & Cost

Milwaukee, Wisconsin

 1 Reviews

How much does it cost to attend?

Sticker Price
$51,570
Costs for Milwaukee Institute of Art & Design
Fee Cost
Tuition$38,050
Books and Supplies$800
Other Fees$1,510
Room and Board $9,490
Other Expenses Budget$1,720

Annual Prices

The annual list price to attend Milwaukee Institute of Art & Design on a full time basis for 2020/2021 is $51,570 for all students regardless of their residency. This fee is comprised of $38,050 for tuition, $9,490 room and board, $800 for books and supplies and $1,510 for other fees. Out of state tuition for Milwaukee Institute of Art & Design is $38,050, the same as Wisconsin residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

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

Average Net Price 2019/2020
$26,342
Net Price by Income Milwaukee Institute of Art & Design
Family Income Net Price Paid
$0 to $30,000$22,421
$30,001 to $48,000$21,589
$48,001 to $75,000$26,514
$75,001 to $110,000$27,777
$110,000+$29,678

The average reported annual net price for Milwaukee Institute of Art & Design for students receiving grants or scholarship aid was $26,342 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 Milwaukee Institute of Art & Design received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $22,475 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 83% of students received Federal Student Loans averaging $5,568 and 22% of undergrads took out private student loans averaging $16,211.

Finanical Aid Milwaukee Institute of Art & Design
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $22,475 100%
Institutional Grants and Scholarships $19,382 100%
Pell Grants $5,003 42%
Other Federal Grants $454 26%
State and Local Grants $3,086 31%
Federal Student Loans $5,568 83%
Other Student Loans $16,211 22%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Milwaukee Institute of Art & Design, we've modeled a ten year student loan with an original principal value of $97,140. The loan balance of $97,140 is a four year multiple of the $24,285 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 $927 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 2.75%.

Example Loan $97,140
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $926.82
Total Interest Paid $14,078.73
Sum of All Loan Payments $111,218.73

Projected 4 Year Degree Price

4 Year Sticker Price
$206,280
Year All Residents
1 $51,570
2 $53,448
3 $55,394
4 $57,410

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Milwaukee Institute of Art & Design to be $206,280 - assuming graduation in normal time. The estimation assumes a 3.6% 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 Milwaukee Institute of Art & Design
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,270 $3,810 $5,080

Estimated cost for a class at Milwaukee Institute of Art & 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 Milwaukee Institute of Art & Design versus other colleges.

Tuition Payment Plans Available

Milwaukee Institute of Art & 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=239309 IPEDS survey data for Milwaukee Institute of Art & Design.