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Cost & Aid for MA in Studio Art

IMPORTANT: This estimate is based on two semesters (one academic year) of this program for a student who is residing on campus.

Annual Cost of Attendance and Typical Financial Aid
Tuition and fees$29,530
Housing (single room) and meals$7,400
Grants and scholarship (maximum)-$13,330
Net program cost per year$23,600
Federal student loans-$23,600
Your payment$0

  • Personal Expenses and Books Federal student loans are available to cover the additional estimated cost of $6,800 per year.
  • Scholarship The amount of available scholarship varies by student category. For example, the amount listed above is automatically provided based on FAFSA results for a student who is in-residence with 12 or more credits per semester.
  • Federal Student Loans Your FAFSA automatically qualifies you for the majority of federal student loans for this program. The remaining portion is composed of Federal Graduate PLUS loans which require “no adverse credit” or an endorser. Repayment begins after your enrollment ends.
  • Education Tax Incentives There are a variety of money-saving tax benefits to assist in reducing the cost of education expenses. More about education tax benefits

Repayment Options

The repayment choices on federal student loans include the following:

Payments are a fixed amount that ensures your loans are paid off within 10 years (within 10 to 30 years for Consolidation Loans).
Payments may be fixed or graduated and will ensure that your loans are paid off within 25 years.
Payments are lower at first and then increase, usually every two years, and are for an amount that will ensure your loans are paid off within 10 years (within 10 to 30 years for Consolidation Loans).
Your monthly payments will be either 10 or 15 percent of discretionary income (depending on when you received your first loans), but never more than you would have paid under the 10-year Standard Repayment Plan.
Payments are recalculated each year and are based on your updated income, family size, and the total amount of your Direct Loans. Any outstanding balance will be forgiven if you haven’t repaid your loan in full after 25 years.
Your monthly payment is based on annual income, but your loan will be paid in full within 15 years.

Questions? Our Financial Aid Office is happy to assist you. Just send us an email for a quick reply — normally one business day — or see more about financial aid.

Annual Cost of Attendance and Typical Financial Aid
Tuition and fees$29,530
Scholarships($17,724)
Net cost of tuition and fees$11,806
Housing (single room) and meals$7,400
Health Insurance (estimate)$2,784
Personal expenses, books, unexpected needs (estimate)$3,500
Estimated net price$25,490
Scholarship The amount of available scholarship varies by student category. For example, the amount listed above is automatically provided based on this program for a student who is in-residence with 12 or more credits per semester.


For more information, please email intadmis@mum.edu or call Admissions at (641) 472 1110.