Illinois students paid $33,220 to attend the four-year private not-for-profit institution this year $1,000 more than the $32,220 charged for 2016-17.
Data shows 86 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 34 students received grants or scholarships totaling $324,861 and 50 students took out student loans totaling more than $486,701.
Including all undergraduates, 188 students used grants or scholarships totaling $1.08 million. Another 269 took out $2.06 million in federal student loans.
The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~175
$30,220
$31,220
$32,220
$33,220
9.9%
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the American Academy of Art in 2015-16.Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
30
51%
$139,191
$4,640
State / local grant or scholarship
21
36%
$85,570
$4,075
Institutional grants or scholarships
8
14%
$100,100
$12,513
Grant or scholarship aid total
34
58%
$324,861
$9,555
Federal student loans
50
85%
$289,242
$5,785
Other student loans
11
19%
$197,459
$17,951
Student loan aid
50
85%
$486,701
$9,734
Total student aid
51
86%
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