Financial Aid

At Cranbrook Academy of Art, we want to help our students realize their dreams of joining our community of artists, designers, and architects. Our financial aid program is one way in which we can help make those dreams a reality. As you consider this important investment in your future, you may have questions. The information found by reviewing the information below and clicking on the links will answer many of your questions. If you have additional questions or concerns, please do not hesitate to contact Leslie Tobakos, Registrar, Financial Aid & Admissions Manager (248-645-3360; ltobakos@cranbrook.edu). Our goal is to assist you in understanding your options and addressing any concerns you may have.

Types of Aid Available

We offer two types of financial aid, Need Based Aid and Non-Need Based Aid. Need Based Aid is available to students who meet eligibility requirements for federal financial aid and file a Free Application for Federal Student Aid (FAFSA). Federal financial aid is typically limited to students who are U.S. citizens or permanent residents; full eligibility requirements can be found at www.studentaid.gov/eligibility. We regret that we are unable to offer Need Based Aid to students who do not meet the eligibility criteria for federal financial aid. All students are eligible for consideration for Non-Need Based Aid. Please click on the links on the left-hand side of this page for additional information about the Academy’s Need Based and Non-Need Based Aid programs.

Financial Aid Procedures and Deadlines

Please click on the Need Based Aid and Non-Need Based Aid links on the left-hand side of this page for complete information regarding the Academy’s financial aid procedures and deadlines.

Payment of Financial Aid to Student Account

Financial aid (scholarships, grants, and loans) is paid to the student’s account in two equal installments, one in Fall semester and one in Spring semester. Students who first borrow (or who increase federal loans) during the spring semester will receive their funds in two equal installments within the spring semester.

Important Note Regarding the Availability of Funding

Cranbrook Academy of Art does not have an undergraduate program; therefore, teaching assistantships and fellowships are not available.