by our College Data Analytics TeamThe majority of students will not be asked to pay 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 cost of going to Mildred Elley Pittsfield can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Mildred Elley Pittsfield provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Mildred Elley Pittsfield.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Mildred Elley Pittsfield, 93% of first-time, full-time freshmen received some form of financial aid (about 28 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $3,865 |
| Institutional grants & scholarships | 7% | $1,100 |
| Federal Pell grants | 77% | $3,889 |
| State/local grants | 0% | — |
| Federal student loans | 87% | $7,536 |
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 Mildred Elley Pittsfield, roughly 64% of undergrads got grants or scholarships worth on average $4,149 (covering around 110 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $4,149 |
| Federal Pell grants | 56% | $4,380 |
| Federal student loans | 66% | $7,476 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,313.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,660 |
| $30,001 – $75,000 | $26,173 |
| Over $75,000 | $29,993 |
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 | $26,900 |
| Off-campus title-IV students | $25,069 |
To get a personalized net price estimate, try Mildred Elley Pittsfield’s net price tool: www.mildred-elley.edu/net-price-calculator/.
The median student at Mildred Elley Pittsfield graduates with $12,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $19,000 |
| Typical 10-year monthly payment (graduates) | $201.43/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure 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 Mildred Elley Pittsfield.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,925 |
| 75th percentile | $18,613 |
| 90th percentile (highest-debt students) | $23,450 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,250 |
| High income | $9,875 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,072 |
| Continuing-generation students | $10,999 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,501 |
| Independent students | $12,850 |
These indicators are derived from the underlying debt data and summarize the overall picture at Mildred Elley Pittsfield.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Mildred Elley Pittsfield:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17145 |
| Total Stafford loan amount | $233,082,768 |
References
More about our data sources and methodologies.