by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Bates College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financing options does Bates offer you, and what will you qualify for? Keep scrolling for more information. Keep going to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Bates College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Bates College, 45% of the incoming full-time class was awarded financial aid (about 228 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 40% | $58,809 |
| Institutional grants & scholarships | 40% | $57,620 |
| Federal Pell grants | 11% | $5,966 |
| State/local grants | 2% | $2,371 |
| Federal student loans | 11% | $4,594 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Bates, approximately 41% of undergraduates were awarded grant or scholarship aid averaging $57,162 (among about 713 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $57,162 |
| Federal Pell grants | 12% | $5,899 |
| Federal student loans | 14% | $5,259 |
Title-IV recipients living on campus saw average grant aid of $54,181.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,089 |
| $30,001 – $75,000 | $7,665 |
| Over $75,000 | $43,616 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,351 |
| Off-campus title-IV students | $30,703 |
For a customized cost estimate, visit Bates’s net price calculator: npc.collegeboard.org/app/bates.
The median student at Bates graduates with $12,442 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,442 |
| Median federal debt (graduates only) | $14,275 |
| Typical 10-year monthly payment (graduates) | $151.34/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Bates.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,350 |
| 25th percentile | $7,500 |
| 75th percentile | $21,354 |
| 90th percentile (highest-debt students) | $28,950 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,156 |
| Middle income | $15,059 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,990 |
| Continuing-generation students | $11,750 |
The figure below distills the debt data into a single burden category for Bates.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Bates:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2038 |
| Total Stafford loan amount | $22,318,638 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $186,360 |
| Average GI Bill amount per recipient | $62,120 |
References
More about our data sources and methodologies.