Average Annual Tuition at Milwaukee Institute of Art & Design
The latest data we have for Milwaukee Institute of Art & Design's annual average net costs are from 2019. These costs and and the average Wisconsin schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
|In-state Tuition||Out-of-state Tuition||Median Debt||Avgerate Net Cost|
|Milwaukee Institute of Art & Design||$38,550||$38,550||$27,000||$24,832|
As you can see, annual costs at Milwaukee Institute of Art & Design have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in Wisconsin as well. Wisconsin's' higher education costs rose by 18.4% in just the last 10 years, ranking as the 43rd highest state.
Milwaukee Institute of Art & Design Financial Assistance
89% of students enrolled at Milwaukee Institute of Art & Design receive some form of Federal loan assistance. You can view Milwaukee Institute of Art & Design's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
Wisconsin offers two 529 college savings plans Edvest is managed by TIAA-CREF Tuition Financing, Inc. and is available on a direct-sold basis. Voya, under contract with TIAA-CREF, manages the Tomorrow’s Scholar® 529 plan which is sold through financial advisors. Wisconsin’s 529 plans do not require Wisconsin residency. The EdVest Advisor-sold plan ceased to operate under the Edvest name in October 2012 and assets held in the plan were combined with the Tomorrow's Scholar® program.
|State Plan Name:||Edvest College Savings Plan|
|Maximum Contribution:||$472,000 per beneficiary, though contributions can continue to accrue earnings/interest|
|Fees:||0.08% asset management fee; State administrative fees have been waived through October 29, 2020.|
Wisconsin School Statistics
We've analyzed all other higher education schools in WI, and wrapped it up nicely into a report for you. View our WI analysis report.
There are 42 other accredited private schools located in the state of Wisconsin. You can view all WI schools here.
Last updated 2022-04-26 06:32:46.