Because talk is cheap and time is expensive.
Spend less. Learn more.
AN EDUCATION ON HIGHER EDUCATION
The money put into higher education is one of the most significant investments you will make in your lifetime. The challenge is many programs do their best to disguise their true cost. They will be upfront about the cost of tuition, but less forthright with other costs — adding them to the bottom line as “student activity fees” and “lab fees”.
Additionally, colleges oftentimes exclude other expenses involved in a music industry education such as: cutting-edge computer hardware and software, web hosting, textbooks, course packets, supplies, attendance at industry conferences & seminars, and internships.
Colleges oftentimes require their underclassman use costly on-campus room & board, and these costs aren't always transparent. So let's try and make it clearer.
- A typical academic year averages around 30 weeks — 15 weeks in the fall semester and 15 weeks in the spring semester.
- Research indicates that the average total cost of attending a music industry program is right around $1,200 per academic week, including: tuition, fees, textbooks, and room & board.
- Few colleges account for the additional costs associated with being enrolled in a music industry program: adequate computer hardware and software, conference & seminar attendance, and internships are all necessities for students studying the music industry. Additionally, rarely do tuition costs correlate directly to the quality of the actual learning environment, such as professional lab spaces, experienced music industry faculty, and up-to-date classrooms.
The bottom line
- You can expect total college costs to average around $36,000 annually if you are enrolled full-time in a music industry program. This figure is reinforced by a 2010 report by ABC News, which found that the average cost of a four-year degree was $140,000… and according to MSNBC in many cases it is climbing by double digits annually .
- If you enroll full-time at a four year college in a music industry program, you can expect that when you finally graduate your total costs may well exceed $140,000. That's because USA Today reported in 2009 that four-year colleges only graduate about half of their students within four years.
We are shifting the value paradigm
Our graduates spend less money associated with their education, are more employable, and start earning income in their career field faster than many of their contemporaries in 4-year music industry programs.
INCLUDED @GROOVE U*
* Subject to alteration based upon market conditions, industry recommendations, and date of enrollment
Total program estimate COMPARISON
based upon 2017-2018 tuition
* We do not provide campus housing or room & board for our students, although we do offer assistance in locating student housing. The benefits of our proximity to The Ohio State University allow our students to budget approximately $10,000 annually for room & board.
** Comparison based on an actual costs publicly provided by a 4-year private, liberal arts college located in central Ohio, which offers its students a music industry degree; actual rate assumes student is enrolled full-time in a course load comparable to a full-time GROOVE U student.
FUNDing your education
At present, we are not Title IV eligible at present, and students do not need to complete the Free Application for Federal Student Aid (FAFSA) or Renewal FAFSA.
Federal Regulations as of February 14, 2010 require borrowers to complete a Private Education Loan Self-Certification Form in addition to the loan application. Borrowers will be required to return this form to their private lender(s) prior to disbursement of their loan(s).
In order to complete this form, borrowers will need to know the cost of attendance and estimated financial assistance.
COMMON other OPTIONS
- OhioMeansJobs Workforce Development Revolving Loan Program
- bank savings accounts
- CollegeAdvantage Ohio 529 Savings Program
- third-party financial institutions (such as Telhio Credit Union)
- equity loans and lines of credit
- deferred payment credit cards
- monthly installments
OhioMeansJobs Workforce Development Revolving Loan Program
The purpose of the OhioMeansJobs Workforce Development Revolving Loan Program ("Loan Program") is to promote and encourage Ohio’s workforce development and job growth through educational training and retraining in programs related to employment opportunities in growing fields.
GROOVE U has been qualified as an eligible institution for Loan Program funds, and our education program has been approved by the Chancellor. Thus, eligible students may apply for up to $10,000 in Loan Program funds, which if approved are then awarded to GROOVE U and disbursed in the form of loans to our students.
These funds are currently limited to $100,000 (I.e., a maximum of 10 students could receive up to $10,000). In order to be considered for the Loan Program, a student must first be accepted to GROOVE U and be in good standing. Students wishing to take advantage of the Loan Program should state their interest, in writing, to GROOVE U. Once GROVE U receives notification of interest, we will begin the loan application and processing with the student. Program Loans are serviced on a first-come/first serve basis among eligible students.
Each individual's financial situation is different, and only you know your financial capabilities. We do not encourage you to overextend yourself financially in order to fund your education.
Decisions concerning the acceptance of credits earned in any course taken at any institutions of higher learning and/or postsecondary institutions are made at the discretion of the receiving institution. GROOVE U makes no representation, expressed or implied, concerning the transferability of any credits earned while enrolled at GROOVE U to another institution. At present, GROOVE U has no formal articulation in-place with any other institutions of higher learning.
Any student considering continuing his or her education at, or transferring to, any institution must not assume that any credits earned in any course taken at GROOVE U will be accepted by the receiving institution. The student must contact the registrar of the receiving institution to determine what credits earned at GROOVE U, if any, that institution will accept.
Note: an institution’s accreditation does not guarantee credits earned at said institution will be accepted for transfer by any other institution — even when both institutions are accredited by the same accrediting agency.
Those students wishing to receive GROOVE U credit for credits earned at another institution should follow the process outlined for transfer students.