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 cost of going to Harris-Stowe State University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will Harris - Stowe State University provide, and just what are you going to be eligible for? Read on for answers. Read on to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Harris-Stowe State University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Harris-Stowe State University, 100% of entering full-time freshmen got some type of financial assistance around 250 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $12,325 |
| Institutional grants & scholarships | 68% | $8,180 |
| Federal Pell grants | 83% | $7,003 |
| State/local grants | 38% | $2,286 |
| Federal student loans | 59% | $6,110 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Harris - Stowe State University, around 97% of undergraduate students received gift aid averaging $11,231 (across roughly 1060 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $11,231 |
| Federal Pell grants | 74% | $6,546 |
| Federal student loans | 61% | $7,465 |
For on-campus title-IV students, average grant aid came to $11,571.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,598 |
| $30,001 – $75,000 | $13,823 |
| Over $75,000 | $19,553 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,922 |
| Off-campus title-IV students | $13,459 |
For a personalized estimate based on your family’s financial situation, use Harris - Stowe State University’s online cost calculator: www.hssu.edu/ae/aefiles/7/NetPriceCalc/npcalc.htm.
The median student at Harris - Stowe State University graduates with $13,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,500 |
| Median federal debt (graduates only) | $25,930 |
| Typical 10-year monthly payment (graduates) | $274.9/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Harris - Stowe State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,320 |
| 75th percentile | $25,325 |
| 90th percentile (highest-debt students) | $38,370 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,914 |
| Middle income | $13,000 |
| High income | $10,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,749 |
| Continuing-generation students | $12,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,100 |
| Independent students | $16,200 |
A handful of calculated indicators summarize the debt outlook at Harris - Stowe State University.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Harris - Stowe State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9404 |
| Total Stafford loan amount | $153,134,442 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $33,458 |
| Average GI Bill amount per recipient | $5,576 |
References
More about our data sources and methodologies.