COSTS:Undergraduate tuition and fees for one year (2011 - 2012 school year) is $25,050. Beyond tuition and fees, we estimate a student’s budget for one year based on payment of room and board, personal expenses such as transportation, clothing, and books/art supplies.
Our budget estimates are based on the higher end resident housing costs and other miscellaneous costs. You may spend less than our estimates UNDERGRADUATE BUDGET (2011 - 2012):
Other than tuition costs, expenses will vary greatly depending on personal preference and restraint. | Tuition and fees for one year | $25,050 | | Art supplies and books (estimated) | $1,650 | | Housing (cost of MCA’s most expensive housing facility) | $6,500 | | Food (estimated) | $2,000 | | Personal expenses (estimated) | $3,000 | | | ________ | | TOTAL | $38,200 |
HOUSING COSTS (per year):
Apartments and Efficiencies | | | At the Park – shared apartment for 2 students | $4,800 | | Fogelman Hall – suite-style housing with single rooms and shared common spaces for 4 students | $6,500 | | Metz Hall – suite-style housing with single rooms and shared common spaces for 4 students | $6,500 | | | | | Womack Apts. - shared apartments for 2 students | $4,700 | Womack Efficiency - single apartments
Tucker Place – shared apartments for 2 students | $5,200
$4,500
| | Houses -- rent is based on a 2-person per room occupancy, per year | | | Easterwood House | $4,500 | | Faiers House | $4,500 | | Roberson House | $4,500 | Sturm House
Sexsmith House
Hudson House
| $4,500
$4,500
$4,500
| How to apply for Institutional and Federal Aid:
To apply for MCA merit awards a student need only submit all required application materials to be considered for institutional scholarships, grants, and work study. Students will be notified of merit/portfolio awards along with acceptance replies. MCA awards are determined by the admissions review ranking.
Eligibility for Federal Aid is determined upon receipt of a completed Free Application for Federal Student Aid (FAFSA). Click here to apply online. Student and parent information is required on this form if the student is dependent (usually younger than 24). Only student information is needed if the student is considered independent. Memphis College of Art’s institutional need grants are based on information from the FAFSA application as well.
The U.S. government offers Federal Pell Grants of up to $5,550 (for the 2011 - 2012 school year) per year. Federal SEOG grants, Federal student and Federal parent loans, and Federal Work Study are other forms of aid available to qualified students. Also, students may qualify for alternative educational loans.
Tennessee offers a state grant (TSAA) and Lottery Scholarship (TELS) to qualifying residents. Early applicants who qualify for a Federal Pell grant may also qualify for a TSAA grant and/or TELS grant. The TSAA budget is usually exhausted early in the year. Tennessee residents should submit a FAFSA before February 10, 2011 to be certain of qualifying.
Lottery Scholarship recipients must complete the FAFSA by August 1 and have a 21 ACT, 980 SAT or 3.0 GPA and graduate from a Tennessee High School. For more information on Lottery Scholarships you can go to http://www.tn.gov/collegepays/
Students may also be awarded Federal or College Work Study through the admissions and financial aid process. An average yearly allotment of $500 is usually awarded allowing the student to work during the academic year and in some cases during the summer months. Work Study is paid in the form of a paycheck at a rate of $8.00 per hour for undergraduate students ($9.00 per hour for graduate students).
To complete and file the FAFSA form, students should go online to www.fafsa.gov Additional information is available at www.ed.gov The MCA required federal code is 003507. International students are not eligible for federal or state aid.
Special Circumstances:
If you have a unique financial situation, please contact our Financial Aid Office at 1-800-727-1088 or locally at 901-272-5136. We’re happy to provide assistance. download a Special Circumstances Form MCA Scholarships:
The Portfolio Scholarships that a student receives entering MCA are renewable each year in May by maintaining a cumulative grade point average (CGPA) of at least 2.0 for freshmen (0-29 credits); 2.25 for sophomores (30-59 credits); 2.50 for juniors (60-89 credits); 2.75 for seniors (90+ credits). These awards are based on full-time attendance and will be prorated for part-time enrollment and renewable through the completion of 120 credits. Scholarships will be reinstated any semester the required CGPA is attained. Scholarships are not renewable any semester the semester GPA falls below academic progress limits as defined by Memphis College of Art: 1.75 for freshmen (0-29 hours), 2.0 through the completion of the degree program (30-120 hours) following a first probationary period. MCA Admissions Portfolio Awards: | J.R. Hyde Sr., Foundation Full-tuition Scholarship | $24,400 | | Portfolio Awards | $3,000-$13,000 off tuition each year | | Saul & Mildred Brown Half-tuition Scholarships | 2 @ $11,650 | | National Scholastic Art Award | 10 @ $11,650 | | Mid-south Scholastic Art Award | 6 @ $9,000 |
MCA GRANTS:
| Transfer Grant | $1,000 | | Governor’s Honors Grant | $1,000 | | Rust Need Grant | determined based on FAFSA Information |
MCA Special Merit Awards:
Once a student attends Memphis College of Art there are continuing opportunities for merit awards based on the student’s performance in classes. Special Merit Scholarships are awarded for excellence each year by faculty nomination. These one-year awards range from $50 cash awards to $6,000 per year tuition discounts. Some awards are based on criteria set by the donor and others are open to all students.
Outside Scholarship Opportunities:
MCA recommends that students do some research to find outside scholarships that can be available through organizations and companies that help students go to college. The best method for locating scholarships is via the internet where students can do free online searches. Parent’s employers, churches, or other organizations that a family might be active in are also potential resources. MCA distributes scholarship application information received by the financial aid office to eligible enrolled students.
Click here for a guide to Scholarship Searches from the Student Loan Network Click here for a Memphis College of Art Guide to Scholarship Searches
Financial Aid Forms
Verification Instructions (click link to open pdf file in a new window)
Dependent Verification Worksheet (click link to open pdf file in a new window)
Independent Verification Worksheet (click link to open pdf file in a new window) Memphis College of Art Loan Request Form (click link to open pdf file in a new window) Memphis College of Art Additional Loan Request Form (click link to open pdf file in a new window)
Direct Student Loan Master Promissory Note: to sign the MPN go to https://studentloans.gov/myDirectLoan/whatYouNeed.action?page=mpn
Student Loan Entrance Counseling: To do this required entrance counseling online go to http://www.dl.ed.gov/borrower/ to the entrance and exit counseling. For a paper copy complete the form (Counseling for Loans.pdf) and return it by fax to MCA’s Financial Aid Office at 901-272-5134.
Direct Parent Loan for Undergraduate Students (PLUS) Either parent can apply for the PLUS loan by first completing the “Parent Direct Loan credit request for Preapproval.” This completed form can be faxed to MCA’s Financial Aid Office at 901-272-5134 or scanned and emailed to finaid@mca.edu
Pre-Approval Credit Check Permissions Form for PLUS Loans (click here to download form) Credit Denial Options (click here to download credit denial options information) Helpful Financial Aid Websites
FAFSA Information:
Free Application for Federal Student Aid (FAFSA) www.fafsa.gov
Request PIN for your FAFSA pin.ed.gov
Tennessee Student Assistance Corporation www.CollegePaysTN.com
Financial Aid Information:
College.gov www.college.gov
Federal Student Financial Aid www.ed.gov/studentaid
Federal Student Gateway to the US Government www.students.gov
FinAid www.finaid.org
US Department of Education www.ed.gov
Loan Information:
Federal Student Loan Default Assistance www.ed.gov/offices/OSFAP/Students/
Financial Aid Calculators www.finaid.org/calculators/
National Student Loan Data System (NSLDS) www.nslds.ed.gov
Additional Sites:
Alternative Loan Information www.elmselect.com/oll/SchoolLenderList/?schoolId=8170
Americorps www.Americorps.org
College Opportunities Online (COOL) http://nces.ed.gov/ipeds/cool/
Federal Veterans Affairs www.gibill.va.gov
Selective Service www.sss.gov
Social Security Administration www.ssa.gov
US Department of Labor Occupational Outlook Handbook http://stats.bls.gov
Helpful Financial Aid Websites
Art Scholarships:
www.nationalsculpture.org - figurative or representational sculpture
www.mystateparkphoto.com - photo contests
www.aminoids.com - animated characters, props, movie scenes and sets
www.worldstudio.org
General Scholarships:
www.scholarships.com
www.scolarships4students.com
www.all-ink.com - undergraduate and graduate students
www.cfmt.org - community scholarships for Tennessee residents
www.target.com -undergraduate
www.talbots.com - women
Minority Scholarships:
www.hsf.net - Hispanic students International Scholarships:
www.collegescholarships.com - international students
www.iefa.org - international students
www.iefc.com - international students
www.internationalscholarship.com - extensive scholarship database
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