Musicians Institute: Tuition & Loans

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Tuition and fees per year

$25,400

High

Average tuition cost at Musicians Institute is very high, around $24,600 a year. The additional fees at Musicians Institute beyond tuition are approximately $800; this comes to $25,400 a year.

If you are having in mind a less costly school in California, look at the Affordable Colleges in California ranking. The chart below shows Musicians Institute tuition costs and additional fees compared to the competing and nearby colleges:

Books and Supplies

The average cost of books and additional supplies required to study at Musicians Institute is $1,750 a year; which is a bit expensive if compared to other colleges in California.

FAFSA Application

FAFSA Code
2023-2024

015238

If you would like to file your FAFSA application for Federal Student Aid, the college code for Musicians Institute is 015238. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides grants and loans to eligible applicants. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate

5%

Low

The government reported that the median federal student loan amount for Musicians Institute is approximately $7,000.

At the same time, 5% of the recent Musicians Institute graduates have failed to maintain their federal student loan repayments. This rate of loan repayment defaults (5%) is low and might lead to a conclusion that Musicians Institute graduates have very good career perspectives.