Massachusetts College of Art + Design follows the Department of
Education's guidelines in administering federal financial aid programs. The
basic principle of these guidelines is that students and their families are
responsible for meeting as much of the cost of attendance as is reasonably
possible. Financial aid is a supplement to family resources that are insufficient
to meet college costs.
There are three components in determining a student's eligibility for financial
aid: the cost of attendance, the estimated family contribution (as determined
by the Department of Education from information reported on the FAFSA), and
the availability of financial aid funds.
The cost of attendance is determined by MassArt's Office of Student Financial
Assistance. Standard average expense budgets are used for each student based
on where s/he is living during the academic year. Each student's award letter
reflects the cost of attendance based on residency, living situation and
enrollment status as a part-time or full-time student. If the student's living
situation or enrollment status as listed on the award letter is not accurate,
notify the Office of Student Financial Assistance as soon as possible, since
these factors can affect financial aid.
Download the Cost of Attendance sheet for 2007/2008