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Bennett College Paying for Your Degree

96% Freshmen Get Financial Aid
$21,098 Average Grant & Scholarship
93% Undergrads Get Grant Aid

Most students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Bennett College can seem overpowering, but remember that the majority of students are given some form of financial assistance.

What financial aid options can Bennett offer, and what will you qualify for? Keep reading for more information. Keep scrolling to see what amount of financial assistance could be accessible to you.

Understanding Bennett Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Bennett College.

Typical First Year Financial Aid at Bennett College

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Looking at the entering class at Bennett College, 96% of the incoming full-time class was awarded financial aid (about 47 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)96%$14,348
Institutional grants & scholarships67%$8,754
Federal Pell grants78%$6,407
State/local grants29%$5,230
Federal student loans67%$7,867

Free Money: Grants and Scholarships at Bennett College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 93% of undergraduates were awarded grant or scholarship aid averaging $21,098 (across approximately 181 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)93%$21,098
Federal Pell grants73%$6,182
Federal student loans68%$9,201

On-campus students receiving title-IV aid were awarded grants averaging $12,997.

How Cost Varies by Income at Bennett College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$22,633
$30,001 – $75,000$25,456
Over $75,000$22,400

Each amount is the average cost remaining once grant aid is subtracted, by income band.

Net Price at Bennett College

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.

CohortAverage Net Price
On-campus title-IV students$28,299
Off-campus title-IV students$22,858

For an estimate tailored to your family circumstances, see Bennett’s online cost calculator: bennett.edu/netpricecalculator/.

Typical Student Debt at Bennett College

A typical borrower at Bennett leaves with $17,351 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$17,351
Median federal debt (graduates only)$28,130
Typical 10-year monthly payment (graduates)$298.22/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

How Debt Is Distributed Across Students

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 Bennett.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$9,500
75th percentile$35,500
90th percentile (highest-debt students)$45,000

How Debt Outcomes Vary by Student Group at Bennett College

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Debt by Income Tier

Income tierMedian federal debt
Low income$17,500
Middle income$19,000
High income$14,125

By First-Generation Status

CohortMedian federal debt
First-generation students$17,500
Continuing-generation students$12,500

Summary Debt Indicators

A handful of calculated indicators summarize the debt outlook at Bennett.

Stafford Loan Activity at Bennett College

Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Bennett:

MetricValue
Stafford loan recipients4708
Total Stafford loan amount$112,613,562

More Financial Aid Resources from Bennett College

References

More about our data sources and methodologies.

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