A large number of 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 price tag of going to Clarendon College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Clarendon College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling 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. Read on to get a sense of the financial assistance available at Clarendon 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. 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 Clarendon College, 90% of the incoming full-time class was awarded financial aid approximately 194 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $6,711 |
| Institutional grants & scholarships | 66% | $3,374 |
| Federal Pell grants | 47% | $6,106 |
| State/local grants | 17% | $3,207 |
| Federal student loans | 19% | $5,015 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Clarendon College, some 70% of undergraduates were awarded grant or scholarship aid averaging $3,552 (across approximately 1007 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $3,552 |
| Federal Pell grants | 21% | $5,650 |
| Federal student loans | 12% | $5,528 |
Title-IV recipients living on campus saw average grant aid of $6,199.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,738 |
| $30,001 – $75,000 | $7,090 |
| Over $75,000 | $12,837 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,390 |
| Off-campus title-IV students | $8,173 |
For an estimate tailored to your family circumstances, see Clarendon College’s net price calculator: www.collegeforalltexans.com/apps/CollegeMoney/.
The middle student in the debt distribution at Clarendon College owes $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $11,000 |
| Typical 10-year monthly payment (graduates) | $116.62/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Clarendon College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,675 |
| 25th percentile | $2,750 |
| 75th percentile | $11,684 |
| 90th percentile (highest-debt students) | $19,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,023 |
| Middle income | $6,348 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,023 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,306 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Clarendon College.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Clarendon College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3521 |
| Total Stafford loan amount | $34,644,607 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $5,261 |
| Average GI Bill amount per recipient | $2,631 |
References
More about our data sources and methodologies.