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Claflin University Financial Aid Details

98% Freshmen Get Financial Aid
$16,015 Average Grant & Scholarship
97% 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 price tag of going to Claflin University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

What financial assistance options will Claflin offer, and what will you qualify for? Read on for more information. Keep scrolling to see just how much financial aid could be open to you.

Why You Should Understand Claflin Financial Aid Info

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 Claflin University.

Financial Aid for First-Year Students at Claflin University

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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

For freshmen starting at Claflin University, 98% of new full-time first-years were awarded at least some aid some 450 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)98%$16,596
Institutional grants & scholarships75%$6,947
Federal Pell grants79%$6,608
State/local grants76%$7,319
Federal student loans75%$6,081

Undergraduate Grant Aid at Claflin University

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Claflin, approximately 97% of undergraduates were awarded an average grant or scholarship of $16,015 (covering around 1710 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)97%$16,015
Federal Pell grants73%$6,263
Federal student loans74%$6,897

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $15,730.

What Families Pay by Income at Claflin University

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$20,089
$30,001 – $75,000$22,615
Over $75,000$25,996

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Claflin University

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$17,800
Off-campus title-IV students$21,232

For a personalized estimate based on your family’s financial situation, use Claflin’s net price calculator: www.claflin.edu/admissions-aid/tuition-and-fees/cost-of-attending-claflin.

Student Debt Levels at Claflin University

A typical borrower at Claflin leaves with $22,049 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$22,049
Median federal debt (graduates only)$29,000
Typical 10-year monthly payment (graduates)$307.45/mo

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

The Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Claflin.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$9,500
75th percentile$36,750
90th percentile (highest-debt students)$45,000

Student Debt by Cohort at Claflin University

Median debt varies by family income, by first-generation status, and by dependency status.

Debt by Income Tier

Income tierMedian federal debt
Low income$23,000
Middle income$20,500
High income$24,367

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$21,500
Continuing-generation students$24,190

By Dependency Status

CohortMedian federal debt
Dependent students$23,725
Independent students$18,305

At-a-Glance Debt Indicators

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

Federal Student Loans at Claflin University

The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Claflin:

MetricValue
Stafford loan recipients12530
Total Stafford loan amount$325,794,211

Veteran and Military Aid at Claflin University

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

GI Bill volume

MetricValue
GI Bill recipients25
Total GI Bill amount$206,382
Average GI Bill amount per recipient$8,255

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$8,750
Average DoD amount per recipient$4,375

References

More about our data sources and methodologies.

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