In 2021, tuition for full-time students at Musicians Institute was $24,525 a year.
Tuition was the same price in 2022 as it was the year before. Usually, college tuition goes up about 3% every year.
If these numbers feel scary, remember, the "sticker price" of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make theprice of collegefeel more doable until you've finishing school and found a job.
Musicians Institute is a private institution, which means it has the same tuition for residents of California as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for students who are residents of that state.
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Be sure to confirm your state's requirements for in-state tuition. Each state has different requirements to qualify as in-state resident. 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 California colleges
Musicians Institute 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 federal financial aid, but should research private or Musicians Institute-specific aid and scholarships.
Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Musicians Institute.
Musicians Institute does not provide on-campus housing for students, so there is no cost for housing, however students should consider other housing costs when looking at the actual cost of different schools
Board costs can depend on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.
Keep in mind, there could also be optional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer resources for students with demonstrated need to find ways to lower or eliminate these fees.
The total cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation.
The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city may be expensive, but cities may offer more buses, trains or affordable flights to actually get to school. Musicians Instituteis located in a urban setting in California.
When you're planning for college, don’t forget to take into account the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Musicians Institute.
What will the cost of attending Musicians Institute be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
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.
The majority of Musicians Institute undergrads use financial aid to to cover the cost of tuition. In 2022, 460 of the 714 undergrads enrolled received financial aid. Musicians Institute meets 40% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $6,100 a year. Around 42% of Musicians Institute undergrads take out student loans to cover any remaining costs. Musicians Institute graduates who have student loans graduate with an average of $14,000 of student loan debt.
|Most Common Loans for Musicians Institute 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 Musicians Institute financial aid, keep reading, or visit their financial aid website.
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 2022, Musicians Institute awarded 315 need-based scholarships to students, giving away total of $500000 thousand to help students with financial need cover the cost of school.
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 Musicians Institute 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 Musicians Institute was $6,100 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Musicians Institute seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Musicians Institute 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 Musicians Institute's net cost calculator on their website.
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.
Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a 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.
Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.
Join the conversation about about Musicians Institute in the College Confidential forums
Tuition & Fees
Students Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Tuition and Fees
Claim your page to customize your profile and connect with students!
Want to find money for school that doesn’t need to be paid back? Access insights and advice on how to search and apply for scholarships!
Connect with the world's largest college forum for candid, authentic discussion.