Tuition fees at Montserrat College of Art rose by 3.8% for the 2022-23 academic year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students paid $37,850 to attend the private, nonprofit four-year institution this year, an increase of $1,400 from the $36,450 charged in the 2021-22 academic year.
Approximately 42% of the undergraduate student body are residents of Massachusetts. Students from other states make up about 55%, while international students represent 4%.
Data indicates that all full-time undergraduates who enrolled at Montserrat College of Art in 2022-23 received some form of financial aid. A total of 52 students were awarded grants or scholarships amounting to $1.1 million, and 39 students obtained student loans exceeding $456,098.
Among all undergraduates, 291 students received grants or scholarships totaling $5.9 million. Additionally, 226 students borrowed $1.6 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Montserrat College of Art in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 16 | 31% | $94,949 | $5,934 |
| State / local grant or scholarship | 9 | 17% | $24,016 | $2,668 |
| Institutional grants or scholarships | 52 | 100% | $965,600 | $18,569 |
| Grant or scholarship aid total | 52 | 100% | $1.1 million | $20,857 |
| Federal student loans | 39 | 75% | $216,834 | $5,560 |
| Other student loans | 12 | 23% | $239,264 | $19,939 |
| Student loan aid | 39 | 75% | $456,098 | $11,695 |
| Total student aid | 52 | 100% | $1.5 million | $29,628 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
