by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Menlo College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does Menlo deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to learn 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. Use the information below to understand how much financial assistance you may get from Menlo College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Menlo College, 100% of new full-time first-years were awarded at least some aid approximately 173 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $39,174 |
| Institutional grants & scholarships | 99% | $35,074 |
| Federal Pell grants | 40% | $5,519 |
| State/local grants | 33% | $6,537 |
| Federal student loans | 52% | $5,283 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, some 99% of the undergraduate population received grant aid that averaged $38,146 (among about 824 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $38,146 |
| Federal Pell grants | 31% | $5,918 |
| Federal student loans | 44% | $6,862 |
On-campus students receiving title-IV aid were awarded grants averaging $40,920.
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 | $17,294 |
| $30,001 – $75,000 | $25,592 |
| Over $75,000 | $35,273 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $31,100 |
| Off-campus title-IV students | $27,032 |
To project your own net price, use Menlo’s net price calculator: [www.shoppingsheet.com/Shopping/Landing/118693–Menlo College](https://www.shoppingsheet.com/Shopping/Landing/118693--Menlo College).
The median student at Menlo graduates with $13,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,000 |
| Median federal debt (graduates only) | $21,750 |
| Typical 10-year monthly payment (graduates) | $230.59/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. The percentiles below describe the cumulative federal debt distribution for borrowers at Menlo.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,924 |
| 25th percentile | $7,237 |
| 75th percentile | $25,500 |
| 90th percentile (highest-debt students) | $29,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $13,000 |
| Middle income | $17,750 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,125 |
| Continuing-generation students | $13,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $19,284 |
These indicators are derived from the underlying debt data and summarize the overall picture at Menlo.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Menlo:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2651 |
| Total Stafford loan amount | $44,887,098 |
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 activity
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $322,335 |
| Average GI Bill amount per recipient | $32,234 |
References
More about our data sources and methodologies.