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 sum total of attendance at Alabama State University can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financing solutions does Alabama State deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going 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. Read on to get a sense of the financial assistance available at Alabama 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.
For freshmen starting at Alabama State University, 87% of new full-time first-years were awarded at least some aid (about 792 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $11,583 |
| Institutional grants & scholarships | 57% | $9,381 |
| Federal Pell grants | 66% | $6,447 |
| State/local grants | 15% | $1,769 |
| Federal student loans | 54% | $6,266 |
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, about 96% of undergrads got grants or scholarships worth on average $10,569 (across roughly 3178 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $10,569 |
| Federal Pell grants | 71% | $5,438 |
| Federal student loans | 74% | $8,212 |
Title-IV recipients living on campus saw average grant aid of $3,151.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,653 |
| $30,001 – $75,000 | $14,432 |
| Over $75,000 | $14,528 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $20,435 |
| Off-campus title-IV students | $13,889 |
For a personalized estimate based on your family’s financial situation, use Alabama State’s net price calculator: [tcc.ruffalonl.com/Alabama State University/Freshman-Students](https://tcc.ruffalonl.com/Alabama State University/Freshman-Students).
A typical borrower at Alabama State leaves with $17,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,500 |
| Median federal debt (graduates only) | $31,000 |
| Typical 10-year monthly payment (graduates) | $328.65/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Alabama State.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,784 |
| 75th percentile | $32,263 |
| 90th percentile (highest-debt students) | $45,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $17,750 |
| Middle income | $17,000 |
| High income | $18,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,299 |
| Continuing-generation students | $19,303 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,000 |
| Independent students | $21,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Alabama State.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Alabama State:
| Metric | Value |
|---|---|
| Stafford loan recipients | 35241 |
| Total Stafford loan amount | $982,970,260 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 64 |
| Total GI Bill amount | $412,647 |
| Average GI Bill amount per recipient | $6,448 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 17 |
| Total DoD amount | $37,812 |
| Average DoD amount per recipient | $2,224 |
References
More about our data sources and methodologies.