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Colleges / Institute of American Indian Arts

Institute of American Indian Arts Tuition Information

In 2021, tuition for full-time students at Institute of American Indian Arts was $6,326 a year for in-state students and $6,326 a year for out-of-state students. On average, colleges raise tuition about 3 percent each year.

If these numbers sound high, remember, the "sticker price" of tuition doesn't give you enough information to determine the actual cost. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make the amount you do have to pay for college more manageable.

Tuition for international students at Institute of American Indian Arts is $9,372 per year.

In-state vs. Out-of-state Tuition at Institute of American Indian Arts

Institute of American Indian Arts is a public institution, so it offers a reduced tuition rate of $6,326 for in-state students who attend full-time. For students who are not considered New Mexico-residents, out-of-state tuition is $6,326 a year.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state can cut the cost of college tuition. Every state has their 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

Explore other New Mexico colleges

Institute of American Indian Arts International Student Tuition

Tuition at Institute of American Indian Arts is higher for international students than it is for out-of-state students.

International students at Institute of American Indian Arts can expect to pay around $9,372 per year, before any scholarships or financial aid.

International students are not eligible for federal financial aid, but may be eligible for school-specific aid and scholarships. International students with need may be eligible for the following types of financial support:

Institute of American Indian Arts-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

Institute of American Indian Arts Living Expenses and Other Costs

In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies.

Room and Board at Institute of American Indian Arts

Room and board at Institute of American Indian Arts is $11,262 a year. This includes the cost of living in dorms or other campus housing, plus a meal plan that allows you to eat in the school dining facilities. Students who live off campus but still want to use the dining facility can pay for a meal plan. The cost of board-only is $8,648.

Board costs may vary depending on how many meals are included in the meal plan you choose.

Cost of Books at Institute of American Indian Arts

The cost of books often surprises first-year college students. At Institute of American Indian Arts, you can expect to pay about $2,400 a year for books and supplies. This does not count the initial cost of a computer or other technology. The actual cost of books depends on the courses you take and the materials required.

Yearly Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs. Full-time undergrads at Institute of American Indian Arts pay $495 in fees each academic year.

There may also be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team, may mean additional fees.

Transportation costs

The total cost of transportation in college can really vary. It depends on if you drive or fly to get to school, own a car, or if you prefer to walk or take public transportation to get around campus.

A school's location can impact transportation costs. The Institute of American Indian Arts campus is in a suburban setting in New Mexico, not far from Albuquerque. First-year students are allowed to park a car on campus.

For Institute of American Indian Arts students, $1,200 is good ballpark for transportation costs for on-campus students. $5,000 is a good estimate for transportation costs for students who live off campus.

Other College Costs

When creating a budget for college, don’t forget to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.

Let’s look at the breakdown of all expenses, which can add up for both on-campus and off-campus students.

How much does Institute of American Indian Arts cost?

2021 Total Tuition and Expenses
In-state Tuition $6,326
Out-of-State Tuition $6,326
Room and Board $11,262
Board Only $5,000
Books and Supplies $2,400
Yearly Fees $495
Transportation $1,200
Other expenses $3,835
Total Estimated Costs

Tuition and fees may vary depending on program, course level, location, and more.

Institute of American Indian Arts’s tuition and fees change based on: B

Financial Aid at Institute of American Indian Arts

The majority of Institute of American Indian Arts undergrads use financial aid to finance their education. In 2021, 261 of the 649 undergrads enrolled received financial aid. Institute of American Indian Arts meets 71 percent of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $7,000 a year.

Most Common Loans for Institute of American Indian Arts Students

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 Institute of American Indian Arts financial aid, keep reading, or visit their financial aid website.

Scholarships at Institute of American Indian Arts

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

In 2021, Institute of American Indian Arts awarded 261 need-based scholarships to students, giving away total of $1,477,035 to help students with financial need cover the cost of school. An additional $613,401 in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Institute of American Indian Arts

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 Institute of American Indian Arts 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.

The average amount of financial aid received by a full-time first year student with demonstrated need at Institute of American Indian Arts was $7,000 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Institute of American Indian Arts seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus $10,318
Net In-state, Off-campus $11,056
Out-of-State, On-Campus $17,318

What will attending Institute of American Indian Arts 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 make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Institute of American Indian Arts's net cost calculator on their website.

Institute of American Indian Arts 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.

Institute of American Indian Arts Tuition Waivers

Schools sometimes offer tuition waivers to certain groups to cover some or all of the cost of tuition. Some schools offer them for employees and their family, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student

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

Institute of American Indian Arts Tuition & Fees

Tuition & Fees

$20,483

In State

$20,483

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$6,326
$6,326
Fees
$495
$495
Housing
$11,262
$11,262
Books
$2,400
$2,400

Institute of American Indian Arts Financial Aid

Students Who Receive Need-Based Aid

93%

Average Financial Aid Package

$5,005

© 2021 College Confidential / Concentrical LLC, Data provided by IPEDs and Peterson's Databases, © 2020 Peterson's LLC.

Quick Facts

Total Enrollment

693

Campus Setting

Suburban

Acceptance Rate

Unknown

Tuition and Fees

In State

$6,821

Out-of-State

$6,821

Fall Freshmen
Application Deadline

Aug 4
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