Illinois students paid $34,270 to attend the four-year private not-for-profit institution this year – $1,050 more than the $33,220 charged for 2017-18.
Data shows 98 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 32 students received grants or scholarships totaling $374,741 and 36 students took out student loans totaling more than $276,579.
Including all undergraduates (242), 181 students used grants or scholarships totaling $1.3 million, and 223 students took out $1.7 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~206 | $31,220 | $32,220 | $33,220 | $34,270 | 9.8% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at 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 | 25 | 63% | $121,572 | $4,863 |
| State / local grant or scholarship | 16 | 40% | $57,938 | $3,621 |
| Institutional grants or scholarships | 13 | 33% | $195,231 | $15,018 |
| Grant or scholarship aid total | 32 | 80% | $374,741 | $11,711 |
| Federal student loans | 36 | 90% | $207,405 | $5,761 |
| Other student loans | 4 | 10% | $69,174 | $17,294 |
| Student loan aid | 36 | 90% | $276,579 | $7,683 |
| Total student aid | 39 | 98% | - | - |
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