by our College Data Analytics TeamA lot of students will never be charged 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 price tag of going to Alice Lloyd College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Alice Lloyd offer, and what will you qualify for? Keep reading for more information. Keep going to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Alice Lloyd College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Alice Lloyd College, 99% of first-time, full-time freshmen received some form of financial aid approximately 180 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $12,600 |
| Institutional grants & scholarships | 68% | $4,945 |
| Federal Pell grants | 65% | $4,916 |
| State/local grants | 85% | $6,887 |
| Federal student loans | 45% | $3,942 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Alice Lloyd, some 99% of the undergraduate population received grant aid that averaged $12,917 (across roughly 557 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $12,917 |
| Federal Pell grants | 58% | $5,310 |
| Federal student loans | 44% | $4,753 |
On-campus students receiving title-IV aid were awarded grants averaging $12,600.
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 | $16,636 |
| $30,001 – $75,000 | $16,949 |
| Over $75,000 | $20,716 |
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 | $18,600 |
| Off-campus title-IV students | $17,839 |
For a customized cost estimate, visit Alice Lloyd’s online cost calculator: [www.alc.edu/misc/17-18 -NPC-index.html](https://www.alc.edu/misc/17-18 -NPC-index.html).
A typical borrower at Alice Lloyd leaves with $7,990 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,990 |
| Median federal debt (graduates only) | $19,599 |
| Typical 10-year monthly payment (graduates) | $207.78/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Alice Lloyd.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,150 |
| 75th percentile | $17,268 |
| 90th percentile (highest-debt students) | $25,050 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,150 |
| Middle income | $8,750 |
| High income | $8,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,250 |
| Continuing-generation students | $6,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,755 |
| Independent students | $9,495 |
The figure below distills the debt data into a single burden category for Alice Lloyd.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Alice Lloyd:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2136 |
| Total Stafford loan amount | $22,705,261 |
References
More about our data sources and methodologies.