by our College Data Analytics TeamA large number of students will not be asked to pay 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 Albany College of Pharmacy and Health Sciences can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Albany College of Pharmacy provide, and just what are you going to be eligible for? Read on for answers. Keep going to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Albany College of Pharmacy and Health Sciences.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Albany College of Pharmacy and Health Sciences, 100% of first-time, full-time freshmen received some form of financial aid some 134 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,692 |
| Institutional grants & scholarships | 100% | $20,662 |
| Federal Pell grants | 39% | $5,893 |
| State/local grants | 42% | $2,431 |
| Federal student loans | 98% | $7,687 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Albany College of Pharmacy, roughly 93% of undergraduate students received gift aid averaging $22,588 (covering around 507 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $22,588 |
| Federal Pell grants | 29% | $5,961 |
| Federal student loans | 83% | $11,427 |
For on-campus title-IV students, average grant aid came to $25,017.
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 | $19,442 |
| $30,001 – $75,000 | $22,745 |
| Over $75,000 | $28,530 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,882 |
| Off-campus title-IV students | $26,027 |
For an estimate tailored to your family circumstances, see Albany College of Pharmacy’s official net price calculator: acphs.edu/net-price-calculator.
The median student at Albany College of Pharmacy graduates with $25,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $25,000 |
| Median federal debt (graduates only) | $25,500 |
| Typical 10-year monthly payment (graduates) | $270.34/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Albany College of Pharmacy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $33,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $27,000 |
| High income | $21,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,000 |
| Continuing-generation students | $23,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $25,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Albany College of Pharmacy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Albany College of Pharmacy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3676 |
| Total Stafford loan amount | $145,819,554 |
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 | 5 |
| Total GI Bill amount | $98,981 |
| Average GI Bill amount per recipient | $19,796 |
References
More about our data sources and methodologies.