Maryland Institute College of Art

In 2004, tuition for full-time students at Maryland Institute College of Art was $51,870 a year.

Tuition increased 3.41% in 2023–from $50,160 the previous year. Usually, college tuition rises about 3% year.

If this makes attending the college of your dreams seem daunting, remember, the "sticker price" of tuition doesn't always give you all the info you need to know how much you will actually have to pay for college. Many students find the actual cost of college is much less than the total tuition after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make theactual cost of attending college more manageable until you're done with college.

For information on Maryland Institute College of Art's financial aid options for first-year students, check with the school directly.

Students in the class of 2023 who had taken out student loans graduated with an average of $17,472 of debt.

Maryland Institute College of Art: In-state vs. Out-of-State Tuition

Maryland Institute College of Art is a private, nonprofit institution, which means it has the same tuition for students from Maryland as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a college where you qualify for in-state tuition can save significant money on the cost of tuition, as well as loans and interest owed. Take the time to confirm your state's eligibility criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on where you live.

Explore other Maryland colleges

Do International Students Pay More to Go to Maryland Institute College of Art?

Maryland Institute College of Art has the same tuition for international students as for those from out of state.

Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or Maryland Institute College of Art-specific aid and scholarships.

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Maryland Institute College of Art Housing Expenses, Fees, and More

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In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Maryland Institute College of Art.

Room and Board Costs at Maryland Institute College of Art

Housing and campus dining at Maryland Institute College of Art is $17,250 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the Maryland Institute College of Art's on-campus cafeterias and dining halls.

Meal-plan costs may vary depending on the number of meals you intend to eat on-campus

Cost of Books at Maryland Institute College of Art

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools have ways for students with demonstrated need to get help covering these fees.

Transportation costs

The cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. At Maryland Institute College of Art, freshman are allowed to park on campus.

The location of a college or university can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area could be expensive, but cities may offer more buses, trains or affordable flights to actually get to school. Maryland Institute College of Artis in a city in Maryland, not far from Washington and DC.

Other Costs

When creating a budget for college, don’t forget to take into account the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Total Tuition and Expenses at Maryland Institute College of Art

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Now, let’s go over all of the costs we've covered, to get a better idea of the actual cost of attending Maryland Institute College of Art.

How Much Does Maryland Institute College of Art Cost?

What will the cost of attending Maryland Institute College of Art be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$51,870
Room and Board	$17,250

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$71,065
Off-Campus	$53,815

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Maryland Institute College of Art Financial Aid

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Around 68% of Maryland Institute College of Art undergrads take out student loans to cover any remaining costs. Maryland Institute College of Art graduates who have student loans graduate with an average of $17,472 of student loan debt.

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Maryland Institute College of Art financial aid, keep reading, or visit their financial aid website.

Scholarships at Maryland Institute College of Art

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

Maryland Institute College of Art Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Maryland Institute College of Art students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Maryland Institute College of Art seem more manageable.

What will attending Maryland Institute College of Art really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Maryland Institute College of Art's net cost calculator on their website.

Maryland Institute College of Art Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Maryland Institute College of Art Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Check the financial aid website for more information on payment plans and tuition waivers.

Maryland Institute College of Art's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Maryland Institute College of Art's endowment, check with the school directly.

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Learn More About Maryland Institute College of Art

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