Cost Details
- In-State Tuition
- $28,400
- Out-of-State Tuition
- $28,400
- Average Net Price
- $37,793
- Students Receiving Financial Aid
- 17.7%
- Room & Board (Off Campus)
- $19,431
- Books & Supplies
- $1,746
- Loan Repayment Rate
- 54.3%
- Students Taking Federal Loans
- 22.2%
- Pell Grant Recipients
- 17.7%
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 | $35,638 |
| $30,001 – $48,000 | $36,541 |
| $48,001 – $75,000 | $38,496 |
| $75,001 – $110,000 | $39,295 |
| $110,001+ | $39,845 |
Cost Estimator
Cost Overview
Families actually pay between $35,638 and $39,845 per year depending on income level. Even the lowest-income students pay $35,638 annually, while those from wealthy families pay $39,845. Over four years, expect to spend around $150,000 total. Only 5.85% of students receive institutional grants averaging just $4,265.
The financial picture gets tougher after graduation. Alumni earn a median of $32,778 ten years out, which is modest for a $150,000 investment. With 22.24% of students taking federal loans and a 54.34% loan repayment rate, many struggle with debt payments. Monthly loan payments could easily consume a quarter of typical graduate earnings.
Students from the wealthiest families get the best deal here since they avoid borrowing entirely. The school's specialized training in contemporary music opens doors, but the high costs relative to earnings make this a risky investment for middle and lower-income families.
The financial picture gets tougher after graduation. Alumni earn a median of $32,778 ten years out, which is modest for a $150,000 investment. With 22.24% of students taking federal loans and a 54.34% loan repayment rate, many struggle with debt payments. Monthly loan payments could easily consume a quarter of typical graduate earnings.
Students from the wealthiest families get the best deal here since they avoid borrowing entirely. The school's specialized training in contemporary music opens doors, but the high costs relative to earnings make this a risky investment for middle and lower-income families.
Official Net Price Calculator
Get a personalized cost estimate from Musicians Institute:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.