by our College Data Analytics TeamMany students will not be asked to pay 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 sum total of attendance at Barber School of Pittsburgh can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Barber School of Pittsburgh deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see 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 Barber School of Pittsburgh.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Barber School of Pittsburgh, 78% of first-year full-time students received aid of some kind around 32 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $6,723 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 54% | $6,438 |
| State/local grants | 5% | $6,500 |
| Federal student loans | 73% | $7,213 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Barber School of Pittsburgh, approximately 61% of undergrads got grants or scholarships worth on average $6,899 (across approximately 74 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $6,899 |
| Federal Pell grants | 59% | $6,839 |
| Federal student loans | 74% | $7,669 |
Title-IV recipients living on campus saw average grant aid of $4,832.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,483 |
| $30,001 – $75,000 | $23,747 |
| Over $75,000 | $21,754 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $17,488 |
| Off-campus title-IV students | $18,910 |
For a personalized estimate based on your family’s financial situation, use Barber School of Pittsburgh’s NPC: bsp.edu/net-price-calculator.html.
A typical borrower at Barber School of Pittsburgh leaves with $13,583 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,583 |
| Median federal debt (graduates only) | $13,583 |
| Typical 10-year monthly payment (graduates) | $144.0/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. Use the percentiles below to see the debt range at Barber School of Pittsburgh.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $13,583 |
| 90th percentile (highest-debt students) | $13,583 |
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 | $13,583 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,028 |
| Independent students | $13,583 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Barber School of Pittsburgh.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Barber School of Pittsburgh:
| Metric | Value |
|---|---|
| Stafford loan recipients | 459 |
| Total Stafford loan amount | $4,451,369 |
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 | 3 |
| Total GI Bill amount | $41,630 |
| Average GI Bill amount per recipient | $13,877 |
References
More about our data sources and methodologies.