A large number of students will not be asked to pay 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 Moler Barber College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial assistance solutions will Moler Barber College deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Moler Barber College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Moler Barber College, 98% of new full-time first-years were awarded at least some aid some 182 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $5,958 |
| Institutional grants & scholarships | 6% | $3,500 |
| Federal Pell grants | 88% | $6,125 |
| State/local grants | 0% | — |
| Federal student loans | 89% | $7,776 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Moler Barber College, approximately 68% of the undergraduate population received grant aid that averaged $5,351 (covering around 406 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $5,351 |
| Federal Pell grants | 65% | $5,366 |
| Federal student loans | 63% | $6,849 |
For students living on campus and receiving title-IV aid, grants averaged $6,067.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,135 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $23,361 |
| Off-campus title-IV students | $23,222 |
To get a personalized net price estimate, try Moler Barber College’s NPC: moler.org/docs/net-price-calculator/npcalc.htm.
The middle student in the debt distribution at Moler Barber College owes $8,374 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,374 |
| Median federal debt (graduates only) | $10,556 |
| Typical 10-year monthly payment (graduates) | $111.91/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Moler Barber College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $9,833 |
| 90th percentile (highest-debt students) | $12,800 |
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 | $7,253 |
| Middle income | $9,250 |
| High income | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,317 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Moler Barber College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Moler Barber College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1206 |
| Total Stafford loan amount | $10,718,611 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $113,922 |
| Average GI Bill amount per recipient | $14,240 |
References
More about our data sources and methodologies.