Most 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 price of attendance at Beal University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Beal College offer you, and what will you qualify for? Read on for more information. Keep reading to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Beal University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Beal University, 90% of entering full-time freshmen got some type of financial assistance some 155 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $5,254 |
| Institutional grants & scholarships | 1% | $9,630 |
| Federal Pell grants | 77% | $5,125 |
| State/local grants | 45% | $1,588 |
| Federal student loans | 84% | $8,504 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Beal College, approximately 86% of undergraduate students received gift aid averaging $4,800 (covering around 582 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $4,800 |
| Federal Pell grants | 54% | $5,361 |
| Federal student loans | 65% | $8,662 |
Title-IV recipients living on campus saw average grant aid of $4,368.
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 | $32,952 |
| $30,001 – $75,000 | $32,427 |
| Over $75,000 | $37,164 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $40,109 |
| Off-campus title-IV students | $33,857 |
For a customized cost estimate, visit Beal College’s online cost calculator: www.beal.edu/consumer-information/.
The median student at Beal College graduates with $11,261 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,261 |
| Median federal debt (graduates only) | $19,500 |
| Typical 10-year monthly payment (graduates) | $206.73/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Beal College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,832 |
| 25th percentile | $3,514 |
| 75th percentile | $15,232 |
| 90th percentile (highest-debt students) | $18,843 |
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 | $11,298 |
| Middle income | $11,473 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,111 |
| Continuing-generation students | $11,631 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,776 |
| Independent students | $12,066 |
These indicators are derived from the underlying debt data and summarize the overall picture at Beal College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Beal College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3401 |
| Total Stafford loan amount | $39,369,626 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $158,134 |
| Average GI Bill amount per recipient | $10,542 |
References
More about our data sources and methodologies.