by our College Data Analytics TeamA large number of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Eric Fisher Academy can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can Eric Fisher Academy offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Eric Fisher Academy.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Eric Fisher Academy, 84% of first-year full-time students received aid of some kind roughly 84 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $6,679 |
| Institutional grants & scholarships | 1% | $1,500 |
| Federal Pell grants | 57% | $6,281 |
| State/local grants | 11% | $3,143 |
| Federal student loans | 79% | $7,179 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 54% of undergraduates were awarded grant or scholarship aid averaging $5,491 (for some 156 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $5,491 |
| Federal Pell grants | 45% | $6,146 |
| Federal student loans | 48% | $6,792 |
For on-campus title-IV students, average grant aid came to $4,564.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,961 |
| $30,001 – $75,000 | $13,769 |
| Over $75,000 | $17,440 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,603 |
| Off-campus title-IV students | $12,934 |
To project your own net price, use Eric Fisher Academy’s net price tool: www.ericfisheracademy.com/netprice/npcalc.htm.
The median federal debt load at Eric Fisher Academy comes to $8,986 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,986 |
| Median federal debt (graduates only) | $9,339 |
| Typical 10-year monthly payment (graduates) | $99.01/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Eric Fisher Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,942 |
| 25th percentile | $5,883 |
| 75th percentile | $10,661 |
| 90th percentile (highest-debt students) | $15,392 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,339 |
| Middle income | $7,227 |
| High income | $9,339 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,338 |
| Continuing-generation students | $8,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,080 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Eric Fisher Academy.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Eric Fisher Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1351 |
| Total Stafford loan amount | $12,966,106 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $48,979 |
| Average GI Bill amount per recipient | $16,326 |
References
More about our data sources and methodologies.