Cost Details
- In-State Tuition
- $39,475
- Out-of-State Tuition
- $39,475
- Average Net Price
- $54,625
- Students Receiving Financial Aid
- 22.5%
- Room & Board (On Campus)
- $20,275
- Room & Board (Off Campus)
- $18,675
- Books & Supplies
- $570
- Total Cost of Attendance
- $60,320
- Median Debt at Graduation
- $12,000
- Estimated Monthly Loan Payment
- $127/mo
- Loan Repayment Rate
- 41.1%
- Students Taking Federal Loans
- 46.9%
- Pell Grant Recipients
- 22.5%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $49,403 |
| $30,001 – $48,000 | $50,417 |
| $48,001 – $75,000 | $56,009 |
| $75,001 – $110,000 | $58,060 |
| $110,001+ | $57,736 |
Cost Estimator
Cost Overview
Most families pay between $49,000 and $58,000 annually at this top acting conservatory, despite the $60,320 sticker price. Net costs vary little across income brackets, with even lower-income students paying $49,403 per year. Over two years, families typically spend $100,000 to $115,000 for this intensive professional training.
The median graduate leaves with just $12,000 in debt, requiring monthly payments of $127. However, recent graduates earn only $11,729 in their first year, making those payments challenging for aspiring actors taking survival jobs. Employment rates reach 93.8%, though the median salary of $27,019 after ten years reflects the financial reality of pursuing acting professionally. Only 22.49% of students receive financial aid, and just 37.33% get institutional grants averaging $13,266.
Students from wealthy families get the best deal here, as need-based aid is minimal and the program caters to those who can afford to pursue art over immediate income.
The median graduate leaves with just $12,000 in debt, requiring monthly payments of $127. However, recent graduates earn only $11,729 in their first year, making those payments challenging for aspiring actors taking survival jobs. Employment rates reach 93.8%, though the median salary of $27,019 after ten years reflects the financial reality of pursuing acting professionally. Only 22.49% of students receive financial aid, and just 37.33% get institutional grants averaging $13,266.
Students from wealthy families get the best deal here, as need-based aid is minimal and the program caters to those who can afford to pursue art over immediate income.
Official Net Price Calculator
Get a personalized cost estimate from American Academy of Dramatic Arts-New York:
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