by our College Data Analytics TeamA lot of 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 Atlanta Metropolitan State College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does AMSC provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Atlanta Metropolitan State College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Atlanta Metropolitan State College, 77% of the incoming full-time class was awarded financial aid some 111 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $6,965 |
| Institutional grants & scholarships | 3% | $1,062 |
| Federal Pell grants | 72% | $6,419 |
| State/local grants | 6% | $2,998 |
| Federal student loans | 35% | $5,950 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, roughly 66% of undergrads got grants or scholarships worth on average $5,478 (for some 1028 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $5,478 |
| Federal Pell grants | 53% | $6,082 |
| Federal student loans | 33% | $7,110 |
Title-IV recipients living on campus saw average grant aid of $6,482.
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 | $4,684 |
| $30,001 – $75,000 | $6,103 |
| Over $75,000 | $11,528 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $5,258 |
| Off-campus title-IV students | $5,090 |
For a personalized estimate based on your family’s financial situation, use AMSC’s online cost calculator: www.atlm.edu/students/net-price-calculator/index.html.
Graduating students at AMSC carry a median federal student debt of $6,606 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,606 |
| Median federal debt (graduates only) | $14,123 |
| Typical 10-year monthly payment (graduates) | $149.73/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. The percentiles below describe the cumulative federal debt distribution for borrowers at AMSC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,250 |
| 75th percentile | $8,500 |
| 90th percentile (highest-debt students) | $14,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,881 |
| Middle income | $6,775 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,647 |
| Continuing-generation students | $6,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,000 |
A handful of calculated indicators summarize the debt outlook at AMSC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at AMSC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10360 |
| Total Stafford loan amount | $99,704,860 |
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 | 200 |
| Total GI Bill amount | $250,284 |
| Average GI Bill amount per recipient | $1,251 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 8 |
| Total DoD amount | $6,937 |
| Average DoD amount per recipient | $867 |
References
More about our data sources and methodologies.