A lot of 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 total price of attendance at The Temple Annapolis - A Paul Mitchell Partner School can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can The TEMPLE Annapolis offer you, and what will you qualify for? Keep reading for more information. Scroll down to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from The Temple Annapolis - A Paul Mitchell Partner School.
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.
Among first-time, full-time freshmen at The Temple Annapolis - A Paul Mitchell Partner School, 65% of new full-time first-years were awarded at least some aid approximately 11 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $6,198 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 41% | $5,927 |
| State/local grants | 0% | — |
| Federal student loans | 59% | $7,233 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, roughly 46% of undergrads got grants or scholarships worth on average $6,084 (covering around 146 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $6,084 |
| Federal Pell grants | 45% | $4,729 |
| Federal student loans | 55% | $6,176 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,354.
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 | $30,283 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $31,528 |
| Off-campus title-IV students | $30,316 |
To project your own net price, use The TEMPLE Annapolis’s net price tool: paulmitchell.edu/annapolis/tuition-calculator.
The median federal debt load at The TEMPLE Annapolis comes to $9,833 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at The TEMPLE Annapolis.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $14,660 |
| 90th percentile (highest-debt students) | $16,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
| Middle income | $9,833 |
| High income | $9,833 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $14,030 |
The figure below distills the debt data into a single burden category for The TEMPLE Annapolis.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at The TEMPLE Annapolis:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1865 |
| Total Stafford loan amount | $19,011,622 |
References
More about our data sources and methodologies.