by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Alexander Academy can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can Alexander Academy provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to discover what amount of financial assistance could 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 Alexander Academy.
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.
Among first-time, full-time freshmen at Alexander Academy, 100% of first-year full-time students received aid of some kind approximately 30 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,663 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $4,663 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $4,672 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 91% of undergraduates were awarded grant or scholarship aid averaging $3,253 (among about 48 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $3,253 |
| Federal Pell grants | 91% | $3,253 |
| Federal student loans | 91% | $3,224 |
Title-IV recipients living on campus saw average grant aid of $4,663.
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 | $25,803 |
| $30,001 – $75,000 | $29,991 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $32,061 |
| Off-campus title-IV students | $30,312 |
For a personalized estimate based on your family’s financial situation, use Alexander Academy’s net price calculator: www.alexanderacademy.com/npcalc.htm.
The middle student in the debt distribution at Alexander Academy owes $7,358 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,358 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Alexander Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $8,800 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Alexander Academy.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Alexander Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 287 |
| Total Stafford loan amount | $2,071,631 |
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 | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.