Tuition
T
he Art Academy’s tuition and fees are 18 percent lower, on average, than the cost of other independent colleges of art and design in this region. The average student covers 63 percent of his or her costs via financial aid. For information, click the Financial Aid office page.
HOW MUCH TO PAY
The Art Academy charges a flat tuition rate for full-time undergraduate students (12 to 18 credit hours per semester). Part-time students are charged by the credit.
TUITION FOR FALL/SPRING 2009-2010
- Full-time tuition: $21,500
- Full-time tuition per semester: $10,750
- Over 18 credits, per add'l credit hour: $900
- Part-time (< 12 credits), per credit hour: $900
- Summer tuition, per credit hour: $900
TUITION FOR FALL/SPRING 2010-2011
- Full-time tuition: $22,360
- Full-time tuition per semester: $11,180
- Over 18 credits, per add'l redit hour: $935
- Part-time (<12 credits), per credit hour: $935
- Summer tuition, per credit hour: $935
WHEN TO PAY
Tuition and fees must be paid in full one week prior to the start of classes each semester. (International students must pay tuition in full at registration.) An unpaid balance will void your registration, and you will not be able to attend class until your account is paid in full.
DEPOSITS
In order for a new incoming student to reserve a place in the Fall 2009 or Spring 2010 class, the Art Academy must receive a non-refundable registration deposit of $300.00. This registration deposit is credited toward the first semester’s tuition. If the student does not attend the Art Academy, this deposit is forfeited.
HOW TO PAY
Tuition and fees may be paid by check, cash, VISA or MasterCard, or through a monthly payment plan offered by an independent tuition payment service. To learn more of this service please visit www.tuitionpay.com .
REFUND POLICY
If a student withdraws from the Art Academy or drops below full-time status (under 12 credit hours), tuition will be credited computed from the date of withdrawal as officially recorded by the Registrar.
FALL AND SPRING SEMESTER
Before the end of the first week: 100%
Before the end of the second week: 75%
Before the end of the third week: 50%
Before the end of the fourth week: 25%
After the fourth week: no refund givenSUMMER SESSION
Before the end of the first day: 100%
Before the end of the first week: 50%
After first week: No refund given
Only tuition is refunded; fees are nonrefundable. The Finance Office calculates and determines all amounts credited to an account and will return any financial aid, grants, loans and scholarship funds as required by the different programs. An open balance will be due in full immediately.
FINANCIAL AID REPAYMENT
Students who receive Federal Title IV Financial Aid and do not complete their classes will be responsible for repaying to the Department of Education unearned portions of aid. During the first 60 percent of a semester, a student is entitled to Title IV funds in direct proportion to the length of time he or she remains enrolled. A student who remains enrolled beyond the 60 percent point earns all aid for the semester. Unearned Title IV funds, other than Federal Work Study, must be returned back to the Federal Student Aid Programs. A Return of Title IV Funds Policy statement is available in the Financial Aid and Finance Offices.
DISCOUNT POLICY
A person who has received an Art Academy degree (BFA, MAAE or AS) and wishes to take a degree program course for credit will pay the current tuition rate per credit hour.
A person who has completed the Certificate Program at the Art Academy and is enrolled in the BFA degree program at the Art Academy will receive a 25% discount on tuition for a degree program course.
A person who wishes to audit a degree program course will receive a 50% discount off the current tuition rate per credit hour. Space availability and the instructor’s approval are required for registration to audit a degree program course.
FEES
Annual Student Activities fee (full- and part-time students): $380.00
Per semester Student Activities fee (full- and part-time students): $190.00
Transcript fee: $5.00
DORMITORY FEES
2010-2011 academic year: $6,000.00
Dorm Deposit (due by June 1, 2010): $250.00
Damage Deposit: $300.00
UNPAID ACCOUNTS AND FINANCE CHARGES
The Art Academy of Cincinnati will not issue a diploma, transcripts or records, grade reports, statements of recommendation, nor allow future registration to any student whose financial accounts with the Art Academy are not paid in full. All financial accounts must be paid in full prior to the start of classes. A finance charge will be applied to any account with an unpaid balance after the date payments are due and for every month following that the balance is not paid in full. Students with delinquent accounts are referred to a collection agency.
