by our College Data Analytics TeamA large number of students will not be asked to pay 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 price of attendance at Strayer University-Alabama can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can Strayer University - Alabama offer you, and what will you qualify for? Keep reading for more information. Scroll down to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Strayer University-Alabama.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
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 Strayer University - Alabama, roughly 97% of the undergraduate population received grant aid that averaged $6,278 (across approximately 1432 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $6,278 |
| Federal Pell grants | 85% | $5,563 |
| Federal student loans | 91% | $9,886 |
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 | $22,923 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The median student at Strayer University - Alabama graduates with $14,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,000 |
| Median federal debt (graduates only) | $40,621 |
| Typical 10-year monthly payment (graduates) | $430.65/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Strayer University - Alabama.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $4,667 |
| 75th percentile | $26,250 |
| 90th percentile (highest-debt students) | $43,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,667 |
| Middle income | $20,636 |
| High income | $22,364 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,558 |
| Continuing-generation students | $17,275 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $15,040 |
The figure below distills the debt data into a single burden category for Strayer University - Alabama.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Strayer University - Alabama:
| Metric | Value |
|---|---|
| Stafford loan recipients | 295976 |
| Total Stafford loan amount | $9,988,852,465 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 38 |
| Total GI Bill amount | $356,036 |
| Average GI Bill amount per recipient | $9,369 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.