by our College Data Analytics TeamA lot of students are not billed 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 sum total of attendance at Adams State University can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Adams State deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to learn what amount of financial assistance will be accessible 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 Adams State University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. 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 Adams State University, 95% of new full-time first-years were awarded at least some aid around 300 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $10,747 |
| Institutional grants & scholarships | 82% | $5,678 |
| Federal Pell grants | 52% | $5,331 |
| State/local grants | 42% | $5,376 |
| Federal student loans | 39% | $4,990 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 64% of undergraduate students received gift aid averaging $11,501 (across roughly 1005 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $11,501 |
| Federal Pell grants | 38% | $5,253 |
| Federal student loans | 33% | $6,368 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $11,372.
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 | $10,260 |
| $30,001 – $75,000 | $12,030 |
| Over $75,000 | $20,254 |
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 | $12,980 |
| Off-campus title-IV students | $14,173 |
For a customized cost estimate, visit Adams State’s online cost calculator: www.adams.edu/netpricecalculator/.
The median federal debt load at Adams State comes to $11,750 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,750 |
| Median federal debt (graduates only) | $19,500 |
| Typical 10-year monthly payment (graduates) | $206.73/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Adams State.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $23,500 |
| 90th percentile (highest-debt students) | $33,747 |
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 | $12,500 |
| Middle income | $11,701 |
| High income | $10,884 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,750 |
| Continuing-generation students | $11,750 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $14,181 |
A handful of calculated indicators summarize the debt outlook at Adams State.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Adams State:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13618 |
| Total Stafford loan amount | $308,790,370 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 37 |
| Total GI Bill amount | $208,123 |
| Average GI Bill amount per recipient | $5,625 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $2,250 |
| Average DoD amount per recipient | $1,125 |
References
More about our data sources and methodologies.