A lot of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Tabor College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does Tabor offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Tabor 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.
Among first-time, full-time freshmen at Tabor College, 100% of the incoming full-time class was awarded financial aid (about 129 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $29,669 |
| Institutional grants & scholarships | 100% | $26,072 |
| Federal Pell grants | 40% | $5,426 |
| State/local grants | 34% | $3,417 |
| Federal student loans | 62% | $5,292 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Tabor, about 91% of undergrads got grants or scholarships worth on average $28,131 (covering around 529 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $28,131 |
| Federal Pell grants | 38% | $5,498 |
| Federal student loans | 59% | $6,435 |
For on-campus title-IV students, average grant aid came to $30,145.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,795 |
| $30,001 – $75,000 | $19,620 |
| Over $75,000 | $21,312 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $20,205 |
| Off-campus title-IV students | $19,868 |
For a personalized estimate based on your family’s financial situation, use Tabor’s online cost calculator: tabor.edu/wp-content/npcalc/npcalc.htm.
The median student at Tabor graduates with $14,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,000 |
| Median federal debt (graduates only) | $23,887 |
| Typical 10-year monthly payment (graduates) | $253.24/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Tabor.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,334 |
| 75th percentile | $24,750 |
| 90th percentile (highest-debt students) | $31,834 |
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 | $12,000 |
| Middle income | $15,000 |
| High income | $15,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,250 |
| Continuing-generation students | $17,125 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,500 |
| Independent students | $20,817 |
These indicators are derived from the underlying debt data and summarize the overall picture at Tabor.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Tabor:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3612 |
| Total Stafford loan amount | $56,503,883 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.