by our College Data Analytics TeamThe majority of 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 price tag of going to Carl Albert State College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Carl Albert State College deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to discover 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. The information provided on this page can help you determine how much aid you may receive from Carl Albert State College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Carl Albert State College, 99% of the incoming full-time class was awarded financial aid approximately 302 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $6,341 |
| Institutional grants & scholarships | 35% | $3,463 |
| Federal Pell grants | 70% | $5,669 |
| State/local grants | 39% | $1,796 |
| Federal student loans | 14% | $4,779 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, approximately 95% of undergrads got grants or scholarships worth on average $6,924 (among about 1506 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $6,924 |
| Federal Pell grants | 54% | $6,303 |
| Federal student loans | 14% | $5,873 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $9,010.
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 | $6,397 |
| $30,001 – $75,000 | $6,928 |
| Over $75,000 | $11,921 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $14,607 |
| Off-campus title-IV students | $6,855 |
For a personalized estimate based on your family’s financial situation, use Carl Albert State College’s online cost calculator: carlalbert.edu/admissions/financial-aid/financial-aid-information/.
The median student at Carl Albert State College graduates with $6,496 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,496 |
| Median federal debt (graduates only) | $9,362 |
| Typical 10-year monthly payment (graduates) | $99.25/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Carl Albert State College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,322 |
| 25th percentile | $2,250 |
| 75th percentile | $7,500 |
| 90th percentile (highest-debt students) | $12,150 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,250 |
| Middle income | $6,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,496 |
| Continuing-generation students | $6,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,903 |
A handful of calculated indicators summarize the debt outlook at Carl Albert State College.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Carl Albert State College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4161 |
| Total Stafford loan amount | $28,244,501 |
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 | 12 |
| Total GI Bill amount | $34,294 |
| Average GI Bill amount per recipient | $2,858 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.