Cost Details
- In-State Tuition
- $55,150
- Out-of-State Tuition
- $55,150
- Average Net Price
- $38,429
- Students Receiving Financial Aid
- 20.8%
- Room & Board (On Campus)
- $19,924
- Room & Board (Off Campus)
- $21,674
- Books & Supplies
- $1,500
- Total Cost of Attendance
- $76,574
- Median Debt at Graduation
- $26,500
- Estimated Monthly Loan Payment
- $281/mo
- Loan Repayment Rate
- 73.2%
- Students Taking Federal Loans
- 40.2%
- Pell Grant Recipients
- 20.8%
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 | $27,796 |
| $30,001 – $48,000 | $31,148 |
| $48,001 – $75,000 | $38,922 |
| $75,001 – $110,000 | $45,577 |
| $110,001+ | $44,851 |
Cost Estimator
Cost Overview
The sticker price hits $76,574 per year, but most families pay far less depending on income. Students from families earning under $30,000 pay about $27,796 annually, while those from wealthy families ($110,000+) still get some help and pay $44,851. Over four years, expect to spend between $111,000 and $179,000 for your art degree.
MICA graduates leave with a median debt of $26,500, which translates to monthly payments of $281. That's manageable considering the 90.4% employment rate, though starting salaries average just $23,881. Art careers typically build slowly, and the median jumps to $45,212 after ten years. About 73% of borrowers successfully repay their loans.
Lower-income students get the best financial deal here. Only 20.81% receive Pell Grants, but those who qualify for need-based aid see significant cost reductions. Middle-class families often struggle most with the gap between aid and sticker price.
MICA graduates leave with a median debt of $26,500, which translates to monthly payments of $281. That's manageable considering the 90.4% employment rate, though starting salaries average just $23,881. Art careers typically build slowly, and the median jumps to $45,212 after ten years. About 73% of borrowers successfully repay their loans.
Lower-income students get the best financial deal here. Only 20.81% receive Pell Grants, but those who qualify for need-based aid see significant cost reductions. Middle-class families often struggle most with the gap between aid and sticker price.
Official Net Price Calculator
Get a personalized cost estimate from Maryland Institute College of Art:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.