by our College Data Analytics TeamMost students are not billed 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 total cost of going to Abcott Institute can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financing solutions does Abcott Institute provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out just how much financial aid will 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 Abcott Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Abcott Institute, 93% of new full-time first-years were awarded at least some aid some 52 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $7,271 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 86% | $5,039 |
| State/local grants | 52% | $2,003 |
| Federal student loans | 82% | $6,029 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Abcott Institute, roughly 86% of undergraduate students received gift aid averaging $5,805 (across approximately 281 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $5,805 |
| Federal Pell grants | 82% | $4,767 |
| Federal student loans | 72% | $6,429 |
Title-IV recipients living on campus saw average grant aid of $5,682.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,007 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $27,679 |
| Off-campus title-IV students | $21,007 |
To get a personalized net price estimate, try Abcott Institute’s official net price calculator: abcott.edu/wp-content/npcalc/index.html.
The median student at Abcott Institute graduates with $8,708 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,708 |
| Median federal debt (graduates only) | $10,411 |
| Typical 10-year monthly payment (graduates) | $110.37/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Abcott Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,961 |
| 25th percentile | $3,728 |
| 75th percentile | $6,439 |
| 90th percentile (highest-debt students) | $6,439 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,708 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,271 |
| Independent students | $8,708 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Abcott Institute.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Abcott Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1319 |
| Total Stafford loan amount | $9,242,797 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $42,035 |
| Average GI Bill amount per recipient | $14,012 |
References
More about our data sources and methodologies.