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Estimate Your Balance

The worksheet below can help you estimate your student budget for the upcoming academic year. It will help you understand how your financial aid awards help cover your direct cost and any remaining balance due to CalArts after your financial aid is credited. When using this tool, refer to your Financial Aid Award Package in Self-Service for a list of your offered awards. Please note this is an estimate and you will receive bills for your direct charges from CalArts prior to the Fall and Spring semesters.

2024-2025 Charges
Tuition $
Fees $
Additional Fees $
Residence Hall* $
Meal Plan* $
Medical Costs

If you have insurance coverage and will be waiving this option, please select $0

 $
Deposits
Dorm Deposit
 $
School Damage and Loss Deposit
 $
Enrollment Deposit

Your enrollment deposit is applied to your tuition and deducted from your balance

 $
Total Charges $

* Cost is subject to change only for medical costs.

Financial Aid
Scholarships & Grants $  Add all scholarship and grant aid on your award letter.
Federal Direct Loans**
Add together all your Direct Loans (Subsidized and Unsubsidized.)		 $  Gross amount

$  Net amount after 1.057% lender fee deducted
Graduate Plus Loan** $  Gross amount

$  Net amount after 4.228% lender fee deducted
Total Financial Aid $

** All loan application processes must be completed before the loans will credit to your account. Federal Parent Plus Loans are subject to credit approval. Federal Lending fees may change at the discretion of the U.S. Congress at any time.

 

Estimated Balance
Total Amount Due $

$ per semester
Print this Estimate
Monthly Payments

CalArts understands that financial aid does not always cover all the charges that a student has for a particular academic year. Below are options to help you find ways to cover your balance.

Parent Plus:
Parents of dependent Undergraduate (BFA) students who complete a FAFSA for the academic year are eligible to apply for a Federal Parent Plus Loan. This loan requires a credit check and cosigners (endorsers) can be used to qualify. The amount listed on the award letter is based on the student's grade level, however through the application process parents can apply for a higher amount, including up to the cost of attendance minus any other financial aid that the student is receiving. For more information click here: https://calarts.edu/tuition-and-financial-aid/financial-aid/for-bfa-students/loans/federal-direct-parent-plus-loan.

Grad Plus
Graduate students (MA/MFA/DMA) who have completed a FAFSA for the academic year are eligible to apply for a Federal Grad Plus Loan. This loan requires a credit check and cosigners (endorsers) can be used to qualify. During the application process graduate students can apply for any amount up to the cost of attendance minus any other financial aid that the student is receiving. For more information click here: https://calarts.edu/tuition-and-financial-aid/financial-aid/for-graduate-students/loans-for-graduate-students.

Private Education Loans
Students can apply for Private Education Loans through banks, credit unions and other higher education lenders. These loans require a credit check and have different credit requirements, interest, and repayment options, which varies by lender. Private Education loans can also be borrowed up to the cost of attendance, to learn more please see: https://calarts.edu/tuition-and-financial-aid/financial-aid/for-bfa-students/loans/private-educational-loan.

Outside Scholarships
Search and apply for outside scholarships to help pay for your education: https://calarts.edu/tuition-and-financial-aid/financial-aid/outside-private-scholarships.

Monthly Payment Plan
The monthly payment plan option allows you to pay your balance in installments through automatic monthly payments. A non-refundable $45 per-term enrollment fee is paid at time of enrollment in the monthly payment plan. To learn more about Monthly Payment Plans and how to sign up please see the bottom of the following page: https://calarts.edu/tuition-and-financial-aid/payment-and-student-accounts/payment-options To set up a payment plan please visit https://mycollegepaymentplan.com/calarts or call Nelnet at 800-609-8056.

About this Estimate
Important: This worksheet is not a bill. CalArts is providing this estimating tool as a means for you and your family to investigate the different costs that may be associated with attending CalArts. Your actual charges and balance owed are determined by the Student Accounts Office and sent to you prior to the start of the academic term. In order to maximize your financial aid, it is important to make wise decisions regarding living arrangements and choice of lifestyle. While personal and transportation expenses are not included in our estimates, we recommend you consider them and budget accordingly.

Important Note
The Office of Financial Aid understands that sometimes a family’s current financial situation may be drastically different from the prior tax year as originally submitted on the Free Application for Federal Student Aid (FAFSA). In these situations, on a case-by-case basis, a review of your financial information may be warranted. Please contact the Office of Financial Aid to discuss your situation following payment of your enrollment deposit.