Paying for School
The costs of attending the Conservatory are comparable to the costs of attending unaccredited, less-intensive acting schools and studios in DC. Students pay $13/hour for instruction here, compared to $20 to $24/hour at other local schools. Our tuition is substantially less than accredited acting studios in NYC. Students pay under $10,000/year here, compared to around $35,000/year for an accredited school in NYC. Tuition at the Conservatory is $4,950 per semester; books cost an additional $50
Because we’re fully accredited, our students can submit a Free Application for Federal Financial Assistance (FAFSA) to see if they’re eligible to receive federal student loans and grants. The US Department of Education awards these loans and grants based on need. Most students are eligible for between $2,750 and $4,750 in loans per semester. Students with extreme financial need may also qualify for grants. Approximately 45%** of the Conservatory’s students have been awarded federal student loans and grants.
The US Department of Education determines which grants and loans you’re eligible for, based on an official form you submit to the government called the Free Application for Federal Student Aid (FAFSA).
If the Department determines you have extreme financial need, you may be eligible for grants, which do not have to be repaid. The two grants you may be eligible for are:
Pell Grants, which range from $400 to $2,600 per semester, depending on eligibility.
Federal Supplemental Educational Opportunity Grants, which range from $100 to $600 per semester, depending on eligibility.
If the Department determines you have financial need but that need is not extreme, you may be eligible for student loans. Student loans have to be repaid after your education is completed. Credit checks are not required for these loans; however, to be eligible, you cannot be in default on an existing student loan. The two types of loans you may be eligible for are:
Direct Subsidized Loans, which are loans where the federal government pays the interest on your loans while you are in school and for six months after you leave school. The only amount waiting to be paid off when you graduate is the principal. The interest which you have to pay on the principal begins to accrue six months after you complete your education.
Direct Unsubsidized Loans, which are loans where the interest begins to accrue immediately upon your receipt of the loans. You can, however, elect to pay off this interest while you are still in school to keep the ultimate loan-repayment costs down.
The table below shows the amounts of loans that Conservatory students have typically qualified for, based on whether they are determined to be dependent* or independent*, as defined by the Free Application for Federal Student Aid (FAFSA) application process.
To find out what kinds of loans and grants you may be eligible for, you should complete the Free Application for Federal Student Aid (FAFSA) form.
Learn more here: Applying for Financial Aid
Washington's Accredited Actor Training Studio
1556 Wisconsin Avenue Northwest
National Conservatory of Dramatic Arts