by our College Data Analytics TeamA lot 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 price tag of going to PCI Academy-Ames can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does PCI Academy-Ames offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from PCI Academy-Ames.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
At PCI Academy-Ames, 94% of the incoming full-time class was awarded financial aid around 50 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $3,267 |
| Institutional grants & scholarships | 47% | $2,176 |
| Federal Pell grants | 42% | $4,508 |
| State/local grants | 0% | — |
| Federal student loans | 75% | $5,178 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, roughly 71% of undergraduates were awarded an average grant or scholarship of $3,451 (for some 178 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $3,451 |
| Federal Pell grants | 34% | $3,611 |
| Federal student loans | 53% | $5,626 |
Title-IV recipients living on campus saw average grant aid of $5,496.
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 | $18,518 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $20,533 |
| Off-campus title-IV students | $21,306 |
For a personalized estimate based on your family’s financial situation, use PCI Academy-Ames’s online cost calculator: www.pci-academy.com/webres/file/calculators/ames-npc.html.
The median student at PCI Academy-Ames graduates with $4,858 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,858 |
| Median federal debt (graduates only) | $5,828 |
| Typical 10-year monthly payment (graduates) | $61.79/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at PCI Academy-Ames.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,333 |
| 25th percentile | $3,666 |
| 75th percentile | $12,677 |
| 90th percentile (highest-debt students) | $17,083 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,277 |
| Middle income | $5,504 |
| High income | $3,666 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,789 |
| Continuing-generation students | $5,277 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,211 |
These indicators are derived from the underlying debt data and summarize the overall picture at PCI Academy-Ames.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at PCI Academy-Ames:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2176 |
| Total Stafford loan amount | $18,057,586 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $14,988 |
| Average GI Bill amount per recipient | $14,988 |
References
More about our data sources and methodologies.