by our College Data Analytics TeamMany students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Blackburn College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Blackburn offer you, and what will you qualify for? Keep reading for more information. Keep going to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Blackburn College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Blackburn College, 100% of entering full-time freshmen got some type of financial assistance (about 85 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $19,456 |
| Institutional grants & scholarships | 100% | $11,619 |
| Federal Pell grants | 59% | $5,920 |
| State/local grants | 52% | $8,063 |
| Federal student loans | 68% | $5,495 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, roughly 100% of undergraduates were awarded grant or scholarship aid averaging $22,766 (for some 389 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $22,766 |
| Federal Pell grants | 50% | $5,648 |
| Federal student loans | 61% | $6,125 |
On-campus students receiving title-IV aid were awarded grants averaging $19,456.
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 | $18,272 |
| $30,001 – $75,000 | $19,685 |
| Over $75,000 | $24,576 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,460 |
| Off-campus title-IV students | $21,814 |
To get a personalized net price estimate, try Blackburn’s official net price calculator: blackburn.edu/admissions-aid/financial-aid/net-price-calculator/.
A typical borrower at Blackburn leaves with $14,770 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,770 |
| Median federal debt (graduates only) | $24,242 |
| Typical 10-year monthly payment (graduates) | $257.01/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Blackburn.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $24,007 |
| 90th percentile (highest-debt students) | $29,328 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $13,546 |
| Middle income | $13,600 |
| High income | $18,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $14,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $12,988 |
A handful of calculated indicators summarize the debt outlook at Blackburn.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Blackburn:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2891 |
| Total Stafford loan amount | $41,170,524 |
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 | 3 |
| Total GI Bill amount | $39,844 |
| Average GI Bill amount per recipient | $13,281 |
References
More about our data sources and methodologies.