by our College Data Analytics TeamMany students will never be charged 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 price tag of going to The Fab School can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financing solutions does The Fab School provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from The Fab School.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at The Fab School, 68% of new full-time first-years were awarded at least some aid some 79 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $4,385 |
| Institutional grants & scholarships | 16% | $3,260 |
| Federal Pell grants | 41% | $4,223 |
| State/local grants | 0% | — |
| Federal student loans | 34% | $5,265 |
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 this school, around 42% of undergraduates were awarded grant or scholarship aid averaging $4,866 (for some 122 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $4,866 |
| Federal Pell grants | 37% | $4,128 |
| Federal student loans | 27% | $5,241 |
For students living on campus and receiving title-IV aid, grants averaged $3,983.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $40,176 |
| $30,001 – $75,000 | $36,076 |
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 | $37,713 |
| Off-campus title-IV students | $39,612 |
For a personalized estimate based on your family’s financial situation, use The Fab School’s NPC: www.thefabschool.com/net-price-calculator-2/.
A typical borrower at The Fab School leaves with $4,449 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,449 |
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at The Fab School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,203 |
| 25th percentile | $3,666 |
| 75th percentile | $5,456 |
| 90th percentile (highest-debt students) | $6,333 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,077 |
| Middle income | $4,449 |
| High income | $4,449 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,449 |
| Continuing-generation students | $4,449 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,449 |
| Independent students | $6,913 |
A handful of calculated indicators summarize the debt outlook at The Fab School.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at The Fab School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 622 |
| Total Stafford loan amount | $2,800,120 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 73 |
| Total GI Bill amount | $1,873,533 |
| Average GI Bill amount per recipient | $25,665 |
References
More about our data sources and methodologies.