$1,970

Avg. Federal Grant

$3,500

Avg. Federal Loan

$1,488,252

Total Aid Awarded

Curtis Institute of Music Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$1.488M

Financial Aid Official Website

www.curtis.edu/admissions/financial-assistance/

Among them are scholarship programs such as Joseph P. Gavenonis Scholarship, Ohio College Opportunity Grant, and Technology Scholarship. Interestingly, almost all of the students at CIM receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $304,500 in a year. More information regarding the financial assistance schemes can be accessed on CIM’s official financial aid page at http://www.curtis.edu/admissions/financial-assistance/. The total percentage of candidates applying to Curtis Institute of Music who receive the Federal Grant is 8%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 8% get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,609. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $15,400 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $14,390, while those falling in the $48,001-$75,000 income category get $1,175 a year. Those with an annual income level of $75,001-$110,000 would receive $14,337, while candidates with more than $110,000 of family income receive an average federal aid of $2,545. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Curtis Institute of Music, the percentage of candidates who opt to avail of student loans is around 96%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

5%

State Grant Aid

N/A

Institution Grant Aid

100%

Pell Grant

5%

Average Aid Awarded

Federal Grant Aid

$1,970

State Grant Aid

N/A

Institution Grant Aid

$6,187

Pell Grant

$1,970

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

N/A

$30,001 - $48,000

N/A

$48,001 - $75,000

$11,406

$75,001 - $110,000

N/A

Over $110,000

$600

Student Loans for Curtis Institute of Music

Average Loan Amount Average Loan Amount received per year.

$3,500/Year

Students Taking Out Loans

58%

Loan Default Rate

4.3%

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