⚠ Policy change effective July 1, 2026: Grad PLUS loans eliminated for new borrowers. Read the law →
Graduate · $20,500/yr cap

Columbus College of Art & DesignFine Arts (MFA)

Annual Funding Gap$18,202$36,404 over 2 years
Federal Cap Unfunded Gap

Total Cost of Attendance: $38,702/yr · Federal Loan Cap: $20,500/yr

Under the One Big Beautiful Bill Act (OBBBA), which takes effect July 1, 2026, graduate students at Columbus College of Art & Design studying Fine Arts (MFA) face a maximum federal Direct Loan cap of $20,500 per year.

The annual cost of attendance is $38,702, resulting in a $18,202 gap each year ($36,404 total over 2 years). Students will need alternative funding sources beyond federal loans.

Cost of Attendance Summary

Annual Cost of Attendance$38,702
Federal Loan Cap (Graduate)$20,500
Annual Funding Gap$18,202
Total Funding Gap (2 years)$36,404

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These numbers assume…

  • × Full-time enrollment
  • × No scholarships or grants
  • × No prior federal student debt
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Need to Cover This Gap?

Columbus College of Art & Design Fine Arts (MFA) students typically need $36,404 in private loans over 2 years to bridge the gap between federal aid and cost of attendance.

LenderEst. Rate RangeLoan Type
Lender A4.99% – 12.78% APRVariable & FixedComing Soon
Lender B5.24% – 14.49% APRFixedComing Soon
Lender C4.49% – 13.99% APRVariable & FixedComing Soon

Rates shown are illustrative ranges and not a guarantee of any specific rate. Actual rates depend on creditworthiness, cosigner status, and loan terms. Check with individual lenders for current rates. Advertising disclosure applies.

Frequently Asked Questions

What is the federal loan limit for Columbus College of Art & Design Fine Arts (MFA) students?

Under the OBBBA (effective July 1, 2026), Columbus College of Art & Design Fine Arts (MFA) students can borrow up to $20,500 per year in federal Direct Loans. This is the graduate annual cap. The aggregate lifetime limit is $100,000 for graduate students.

Can I still get a Grad PLUS loan for Columbus College of Art & Design?

No. Starting July 1, 2026, the Grad PLUS loan program is eliminated under the OBBBA. All graduate and professional students are subject to fixed annual borrowing caps ($20,500/year for graduate programs). Students who need additional funding beyond the cap must use private loans, institutional aid, scholarships, or personal funds.

How much does Columbus College of Art & Design Fine Arts (MFA) cost per year?

The total cost of attendance for Columbus College of Art & Design Fine Arts (MFA) is $38,702 per year. Over the full 2-year program, the total cost is $77,404.

What is the funding gap for Columbus College of Art & Design Fine Arts (MFA)?

The annual funding gap is $18,202, calculated as the difference between the total cost of attendance ($38,702) and the federal loan cap ($20,500). Over the full 2-year program, the total gap is $36,404. This is below the national median of $31,446 for Arts (MFA) programs.