American Academy of Dramatic Arts Tuition 2021| The College Monk

$34,410

Tuition

$58,619

Cost of Attendance

$44,437

Net Price

American Academy of Dramatic Arts Tuition and Fees

American Academy of Dramatic Arts-New York provides a diverse range of programs across different fields, offering quality education to students. The cost of education here is quite high compared to the tuition fees charged by different colleges. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at American Academy of Dramatic Arts-New York comes to around $36,190, which includes tuition and other expenses as well. The housing facilities, books and supplies, and other expenses cost $19,915, $570, and $3,608, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$35,160	$35,160
Book & Supplies	$570	$570
Room & Board cost	$19,555	$19,555
Other Expenses	$3,334	$3,334
Total Cost of Attendance	$58,619	$58,619

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. What's more, at American Academy of Dramatic Arts-New York, the total tuition and fees for the enrolled students come out to be around $36,190 in a year. Apart from that, they should also pay an average amount of $570 toward books and supplies, $19,115 for room and boarding charges, and $3,608 toward other expenses in a year. So, the overall cost of attending AADANY comes out to be about $59,483 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$44,437

Family Income

Avg. Net Price

$0 to $30,000

$44,292

$30,001 to $48,000

$44,806

$48,001 to $75,000

$45,730

$75,001 to $110,000

$45,880

$110,000+

$48,730

As for the net cost for attending AADANY, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $47,663 at AADANY. The net price for students with an annual family income below $30,000 is reported to be around $42,053. For the individuals who come under the $30,001-$48,000 income category, the net cost is $43,076. The amount stands at $42,193 for an annual income between $48,001 and $75,000, $48,676 for the $75,001-$110,000 income bracket, and $50,681 for a family income above $110,000.

Student Loans

Example Loans

$56,136

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$583

Total interest paid

$13,772

Sum of Loan Payments

$69,908

To have a realistic understanding of how much it will cost to study at American Academy of Dramatic Arts here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $56,136 for example. This will result in a $6,991 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $69,908 which is $13,772 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$35,160	$35,160
Room & Board Cost	$19,555	$19,555
Total Tuition & Fees	$54,715	$54,715

For students pursuing undergraduate courses at American Academy of Dramatic Arts-New York, the tuition and fees are estimated to be $36,190 per year. Alongside that, they will likewise need to shell out around $19,115 toward their room and boarding charges. In view of this information, the estimated total cost for undergraduate students at AADANY adds up to $59,483.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	N/A

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend American Academy of Dramatic Arts-New York varies for graduate and undergraduate courses. At AADANY, the cost per credit hour for graduate courses is $278. Also, at present, American Academy of Dramatic Arts-New York offers online courses only in a single major to the students.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$19,555	$17,955
Other Expense	$3,334	$3,934
Book & Supplies	$570	$570

Moving on to the housing and related expenses at American Academy of Dramatic Arts-New York, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $23,349 per year, whereas, the cost for off-campus lodging is $22,097 a year. For on-campus students at the university, the room and board charges total around $19,915 per year, while the amount charged for off-campus candidates stands at $18,315. On the other hand, the charges toward books and supplies come to around $570. Aside from these, the other expenses that students should plan for add up to $3,434 for on-campus candidates and $3,782 for students who are off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$19,555

Off Campus

$17,955

Housing & Other Expenses

Other Expenses

On Campus

$3,334

Off Campus

$3,934

Housing & Other Expenses

Book & Supplies

On Campus

$570

Off Campus

$570

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the academy is estimated to be around $299,208. To note, the total expenses for undergraduate students stood at $47,663 for 2018-2019, $44,437 for 2017-2018, and $41,850 for 2016-2017.