Cleveland Institute of Music

In 2021, tuition for full-time students at Cleveland Institute of Music was $40,000 a year.

Tuition was the same price in 2023 compare to the year before. Usually, colleges raise tuition about 3% each year.

If this information makes going to college feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students pay much less than the sticker price after grants, scholarships, and tuition discounts are applied. And, student loans can make thecost of college feel more doable until you've finishing school and found a job.

Cleveland Institute of Music meets 79% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Cleveland Institute of Music is around $32,168 a year.

Graduates in the class of 2023 had an average of $22,538 in student loans per borrower.

Cleveland Institute of Music: In-state vs. Out-of-State Tuition

Cleveland Institute of Music is a private, nonprofit institution, which means it has the same tuition for residents of Ohio as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Be sure to confirm your state's criteria for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria as well, depending on where you live.

Explore other Ohio colleges

Do International Students Pay More to Go to Cleveland Institute of Music?

Cleveland Institute of Music has the same tuition for international students as for those from out of state.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but may be eligible for private or Cleveland Institute of Music-specific grants, scholarships, and other funding opportunities. International students with need may be eligible for the following types of financial support at Cleveland Institute of Music:

•Loans from outsideCleveland Institute of Music •Cleveland Institute of Music-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

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Cleveland Institute of Music Living Expenses, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Cleveland Institute of Music.

House and Food Costs at Cleveland Institute of Music

Room and board at Cleveland Institute of Music costs $13,300 a year. This covers the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat all or some of your meals the Cleveland Institute of Music's on-campus cafeterias and dining halls. Students who live off campus but still want to use the dining facilities can pay for a meal plan. The cost of board-only is $10,300.

Meal-plan costs can depend on how many meals are included in the plan you choose.

How Much Do Books Cost at Cleveland Institute of Music?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools have resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Transportation costs

The cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these factors can drastically impact your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in a city might be pricey, but cities may offer more trains, busses and low-cost flight options to actually get to school. The Cleveland Institute of Music campus is located in a city in Ohio, near Cleveland.

Other Costs

When you're planning for college, don’t forget to take into account personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Total Tuition and Expenses at Cleveland Institute of Music

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to Cleveland Institute of Music.

How Much Does Cleveland Institute of Music Cost?

What will the cost of attending Cleveland Institute of Music be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$40,000
Room and Board	$13,300
Board Only	$3,000
Other expenses	$1,000

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$56,050
Off-Campus	$45,750

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

Cleveland Institute of Music’s tuition and fees change based on: •Course load for both full and part-time students

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Financial Aid at Cleveland Institute of Music

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The majority of Cleveland Institute of Music undergrads use financial aid to finance their education. In 2023, 116 of the 213 undergrads enrolled received financial aid. Cleveland Institute of Music meets 79% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $32,168 a year. Around 50% of Cleveland Institute of Music undergrads take out student loans to cover any remaining costs. Cleveland Institute of Music graduates who have student loans graduate with an average of $22,538 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,950
Cleveland Institute of Music-Specific Loans	$2,000
Private Loans	$12,000

Most Common Loans for Cleveland Institute of Music Students
Federal Loans	46%
Institutional Loans	2%
Private loans	2%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Cleveland Institute of Music financial aid, keep reading, or visit their financial aid website.

Scholarships at Cleveland Institute of Music

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Cleveland Institute of Music awarded 116 need-based scholarships to students, giving away total of $3.4 million to help students with financial need cover the cost of school. An additional $2.31 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Cleveland Institute of Music Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Cleveland Institute of Music students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Cleveland Institute of Music was $32,168 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Cleveland Institute of Music seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$23,882
Off-Campus	$13,582

What will attending Cleveland Institute of Music really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Cleveland Institute of Music's net cost calculator on their website.

Cleveland Institute of Music Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Cleveland Institute of Music does not have guaranteed tuition.

Cleveland Institute of Music offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Cleveland Institute of Music Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Cleveland Institute of Music's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Cleveland Institute of Music's endowment was valued at $42.3 million in 2023, compared to a national average of $905 million. The school spends $30,099 for each full-time student enrolled.

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Learn More About Cleveland Institute of Music

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