Search
News
View full story dorm.jpg

Story: Aug 27, 2014

New residence hall welcomes first-year students in comfort, ...

View details 2014 Faculty Exhibition

CIA Exhibition: Aug 28, 2014

2014 Faculty Exhibition

View full story brittanylockwood1.jpg

Story: Aug 18, 2014

2014 grad to design whimsical playgrounds for Colorado compa...

View details 2014 Faculty Exhibition Opening Reception

CIA Exhibition: Aug 28, 2014

2014 Faculty Exhibition Opening Reception

View Link

Social: about 18 hours ago via Facebook

Marc Petrovic, assistant professor and glass department chair, was interviewed on WCPN's The Sound of Applause to promote the 2014 Faculty Exhibition, opening t...

View full story liberal-artscma.jpg

Story: Aug 18, 2014

CIA again named to "Best in the Midwest" list

View details Mizoguchi's Greatest Decade

Events: Sep 06, 2014

Mizoguchi's Greatest Decade

View full story emilyhromi-stillforscreen.jpg

Story: Aug 13, 2014

Biomedical grad wins award for animation on stuttering

View details Filmmaker and author John Waters to present one-man show

Events: Sep 27, 2014

Filmmaker and author John Waters to present one-man show

View details picresized1407629035horsesofgod2.jpg

Blog: Aug 26, 2014

8/28-31: Finding Vivian Maier, Stand Clear of the Closing Doors & more!

View full story cnswithlabelsfullscreen.jpg

Story: Aug 11, 2014

Student-designed app teaches embryology, improves scores

View details Fall 2014 Open House

Events: Nov 15, 2014

Fall 2014 Open House

News . Feature Stories . Obama's Student Loan Plan Benefits CIA Students

News

November 03, 2011

Obama's Student Loan Plan Benefits CIA Students

Plan adds to CIA's successful financial aid efforts

Obama's Student Loan Plan Benefits CIA Students

President Obama’s recent student loan plan impacts both state and private college students and according to CIA’s Director of Financial Aid, Martin Carney current junior and senior CIA students will experience the plan’s benefits as early as this year.

“Even though CIA graduates have consistently ranked as having one of the lowest default rates in the nation, the Obama plan will provide tools to this year’s graduating students that will help with student loan management,” said Carney. CIA’s student default rate is 4.9 percent, which is well below the national average of 7.4 percent.

In response to rising student debt and bleak economic conditions, President Obama recently accelerated the passage of a law that will provide eligible students the opportunity to reduce their loan payments and consolidate their loans.

CIA continues to find ways to reduce the overall student debt load with comprehensive measures that have resulted in:

  • Private loan debt assumed by students in the 2010-11 academic year is down 10% from the previous year.
  • Overall debt per student is down 7%.
  • First-year student private loan debt is down 12%.


With 98% of our students receiving financial aid, CIA awards more than $7 million in scholarships and grants annually: an astounding number for a student body of around 500.

YouTube Facebook Twitter LinkedIn Flickr Pinterest Instagram

Social Feed

Listen in to Marc Petrovic, glass dept chair, discuss the Faculty Exhibition on WCPN's The Sound of Applause: http://t.co/WkpTX2if5m

about 18 hours ago via Twitter

Sign up for our alumni + friends newsletter

Arrow

Questions?

For more information about this or other CIA news, contact us here.

Read More

Community Works

Visiting artists, exhibitions, conference and symposia exploring socially engaged art.

Read More

Support CIA

Show the world creativity matters: make a gift to the annual fund.

Read More

Cores + Connections

Learn more about CIA's proven method for academic and professional excellence.