MICA's tuition & fees has increased from $42,390 (2014) to $55,150 (2024), and the rate of tuition increase is 30.10% over the past 10 years. The graduate school tuition & fees has raised from $42,390 (year 2014) to $55,150 (year 2024).
MICA's tuition increase rate is lower than the Maryland's average increase rate of 44.40%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 37.11% from 2014 ($57,050).
For the current academic year 2023-2024, MICA's COA is $78,224, which is increased by 8.26% from last year.
The following table and chart show changes to MICA's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 30.10% for the last 10 years , and the 2024 tuition & fees are $55,150. The following table and chart show the tuition & fees changes at Maryland Institute College of Art over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,500, and it has increased 3.45% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,450 | - |
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| 2015-16 | $1,450 | |
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| 2016-17 | $1,450 | |
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| 2017-18 | $1,500 | 3.45% |
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| 2018-19 | $1,500 | |
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| 2019-20 | $1,500 | |
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| 2020-21 | $1,700 | 13.33% |
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| 2021-22 | $1,500 | -11.76% |
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| 2022-23 | $1,500 | |
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| 2023-24 | $1,500 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 61.48% when a student lives on-campus facilities and 134.27% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Maryland Institute College of Art.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $13,210 | $9,660 | - |
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| 2015-16 | $13,530 | $11,520 | 2.42% |
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| 2016-17 | $13,950 | $11,670 | 3.10% |
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| 2017-18 | $14,360 | $11,970 | 2.94% |
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| 2018-19 | $14,780 | $11,970 | 2.92% |
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| 2019-20 | $15,245 | $12,145 | 3.15% |
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| 2020-21 | $16,280 | $11,980 | 6.79% |
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| 2021-22 | $16,320 | $12,400 | 0.25% |
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| 2022-23 | $16,940 | $12,750 | 3.80% |
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| 2023-24 | $21,574 | $23,579 | 27.36% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Maryland Institute College of Art and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Maryland Institute College of Art | $55,150 | $53,815 | 2.48% |
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|
| Johns Hopkins University | $62,840 | $60,480 | 3.90% |
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| Loyola University Maryland | $55,480 | $53,430 | 3.84% |
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| Stevenson University | $39,708 | $38,738 | 2.50% |
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| McDaniel College | $49,647 | $46,800 | 6.08% |
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| Mount St. Mary's University | $47,240 | $45,870 | 2.99% |
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