Otis College of Art and Design

In 2022, tuition for full-time Otis Art Institute, Otis Parsons, Otis students was $49,100 a year.

Tuition was the same price in 2023 as it was the year before. On average, college tuition goes up about 3% every year.

Remember, the total cost of tuition isn't the final cost for attending college. Many students owe much less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make the amount you do have to pay out of pocket more manageable until you're done with college.

Otis College of Art and Design meets 52% of the demonstrated financial need for undergraduates. First-year students that attend Otis College of Art and Design full-time are awarded $8,628 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $8,634 per student, not including those with no debt.

In-state vs. Out-of-state Tuition at Otis College of Art and Design

Otis College of Art and Design is a private, nonprofit institution, which means it has the same tuition for students from California as it does for students who live in 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.

Attending a school where you are eligible for in-state tuition can save on the total cost of attending college. Don't forget to verify your state's requirements for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria as well, depending on the state you and your parents currently reside in.

Explore other California colleges

Do International Students Pay More to Go to Otis College of Art and Design?

Tuition at Otis College of Art and Design is the same for every student.

International students usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or Otis College of Art and Design-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may qualify for the following types of financial support at Otis College of Art and Design:

•On-campus jobs •Loans from outsideOtis College of Art and Design •Otis College of Art and Design-specific scholarships •International Students Tuition Waivers

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

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Otis College of Art and Design Living Expenses, Fees, and More

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In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Otis College of Art and Design.

Room and Board Costs at Otis College of Art and Design

Room and board at Otis College of Art and Design is $16,929 a year. This number includes the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the Otis College of Art and Design's on-campus cafeterias and dining halls.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

How Much Do Books Cost at Otis College of Art and Design?

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 books from students who have already taken the course.

Annual Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Most colleges have resources for students who may struggle to participate because of cost can find ways to lower or eliminate these costs.

The Cost of Transportation at Otis College of Art and Design

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? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

The location of a college or university can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city is usually pricey, but cities may offer more buses, trains and affordable flights to actually get to school. The Otis College of Art and Design campus is in a city in California, near Los Angeles.

Other Costs

When you're planning for college, don’t forget to factor in the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Financial Breakdown for Otis College of Art and Design

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Now, let’s look at the breakdown of all expenses, to get a better idea of what is really costs to go to Otis College of Art and Design.

How Much Does Otis College of Art and Design Cost?

What will the cost of attending Otis College of Art and Design be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$49,100
Room and Board	$16,929

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

Total Estimated Costs
On-Campus	$67,657
Off-Campus	$50,728

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.

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Financial Aid at Otis College of Art and Design

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The majority of Otis College of Art and Design undergrads use financial aid to finance their education. In 2023, 1,196 of the 1,268 undergrads enrolled received financial aid. Otis College of Art and Design meets 52% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $8,628 a year. Around 49% of Otis College of Art and Design undergrads take out student loans to cover any remaining costs. Otis College of Art and Design graduates who have student loans graduate with an average of $8,634 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$8,143
Private Loans	$23,245

Most Common Loans for Otis College of Art and Design Students
Federal Loans	49%
Private loans	4%

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 Otis College of Art and Design financial aid, keep reading, or visit their financial aid website.

Scholarships at Otis College of Art and Design

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, Otis College of Art and Design awarded 1,195 need-based scholarships to students, giving away total of $27.2 million to help students with financial need cover the cost of school. An additional $40,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

Otis College of Art and Design 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 Otis College of Art and Design 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 Otis College of Art and Design was $8,628 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Otis College of Art and Design seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$59,029
Off-Campus	$42,100

What will attending Otis College of Art and Design 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 Otis College of Art and Design's net cost calculator on their website.

Otis College of Art and Design Tuition Payment Plans

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

Otis College of Art and Design offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Otis Art Institute, Otis Parsons, Otis Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Otis Art Institute, Otis Parsons, Otis has some full or partial tuition waivers available for: - International Students - Employees or Children of Employees

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

Otis College of Art and Design'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.

Otis College of Art and Design's endowment was valued at $79.8 million in 2023, compared to a national average of $905 million.

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Learn More About Otis College of Art and Design

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

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