Welcome to the Maryland Institute College of Art
Net Price Calculator!

Maryland Institute College of Art (MICA) is providing this Net Price Calculator as a guide to assist in early financial planning for college. The Calculator provides a preliminary estimate of federal, state and institutional awards. Institutional awards consist of MICA-sponsored scholarships and grants.

It is important to understand that your portfolio, individually evaluated by trained professionals representing MICA, as well as the results from MICA's freshman merit-based scholarship competitions, are both critical components in receiving MICA awards. It is very difficult to accurately predict a student's Net Price without the results of both of these key components. The best way to determine if MICA is affordable for your family is not to rely on incomplete information and estimated awards through the Calculator but to work with your MICA Admission representative, enter MICA's freshman merit-based scholarship competitions by established deadlines, communicate with the Financial Aid staff and complete the MICA financial aid process. MICA students are treated as individuals and most often defy objective formulas necessary to run any calculator.

When using the calculator, please consider the following:

  • This Calculator is designed exclusively for first-time, full-time undergraduates who are US citizens or permanent residents.
  • Awards for academic year 2013-14 will be based on verified 2013 federal income tax information.
  • Families who own a business may not be accounted for accurately by the Net Price Calculator.
  • Estimates are presented for students who provided all required financial aid documents by established deadlines. Applying late may result in lower awards.
  • Expected Family Contributions will vary among colleges based on institutional policies.

15 The calculator will take approximately 15 minutes to complete.

To help you complete this process, it is important to have the items listed below.

  • Student and Parent 2013 Income Tax Returns (or most recently filed)
  • Student and Parent 2013 W-2 forms
  • Records of 2013 untaxed income (child support, tax deferred retirement plans, contributions to 401K, etc.)
  • Bank statements
  • Market value and current debt on primary residence and other real estate holdings
  • Student Merit Information
    • Unweighted GPA
    • Standardized test scores if available (SAT/ACT)

*Estimates are provided based on policies applicable to the 2013-14 academic year and are subject to change. Results of the Calculator are not guaranteed and the accuracy of your estimated award is based on the information you provided. Outside scholarships and Outside Tuition Remission may reduce MICA-sponsored aid or eligibility for federal work-study and loans.

To receive a complete financial aid package, you must be accepted for admission and complete the FAFSA and other documents required by MICA's Financial Aid Office which include copies of student and parent federal tax returns.

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