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Thursday, September 19, 2024

Cost of college went up for all students at Berklee College of Music

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Tuition and fees rose 3.3 percent for 2018-19 at Berklee College of Music, according to recent data from the U.S. Department of Education.

Massachusetts students paid $44,140 to attend the four-year private not-for-profit institution this year – $1,390 more than the $42,750 charged for 2017-18.

Data shows 70 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 729 students received grants or scholarships totaling $14.1 million and 511 students took out student loans totaling more than $6.6 million.

Including all undergraduates (6,963), 3,459 students used grants or scholarships totaling $59.5 million, and 2,305 students took out $16.3 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~557$40,082$41,398$42,750$44,14010.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Berklee College of Music in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants18114%$976,238$5,394
State / local grant or scholarship333%$43,575$1,320
Institutional grants or scholarships64551%$13,110,915$20,327
Grant or scholarship aid total72958%$14,130,728$19,384
Federal student loans49339%$2,711,868$5,501
Other student loans12510%$3,839,150$30,713
Student loan aid51140%$6,551,018$12,820
Total student aid88670%--

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