by our College Data Analytics TeamThe majority 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 Connecticut College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Conn College deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Connecticut 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.
For freshmen starting at Connecticut College, 100% of first-year full-time students received aid of some kind approximately 553 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $38,932 |
| Institutional grants & scholarships | 100% | $37,920 |
| Federal Pell grants | 14% | $5,754 |
| State/local grants | 3% | $3,857 |
| Federal student loans | 34% | $5,070 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 98% of undergraduates were awarded grant or scholarship aid averaging $38,074 (across roughly 1949 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $38,074 |
| Federal Pell grants | 14% | $5,843 |
| Federal student loans | 35% | $6,131 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $48,448.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,320 |
| $30,001 – $75,000 | $23,873 |
| Over $75,000 | $42,190 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $36,175 |
| Off-campus title-IV students | $33,998 |
To get a personalized net price estimate, try Conn College’s net price tool: conncoll.studentaidcalculator.com/survey.aspx.
A typical borrower at Conn College leaves with $20,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,000 |
| Median federal debt (graduates only) | $23,500 |
| Typical 10-year monthly payment (graduates) | $249.14/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Conn College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,538 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $28,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,359 |
| Middle income | $19,500 |
| High income | $21,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,170 |
| Continuing-generation students | $19,750 |
The figure below distills the debt data into a single burden category for Conn College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Conn College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3496 |
| Total Stafford loan amount | $49,379,499 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $258,960 |
| Average GI Bill amount per recipient | $28,773 |
References
More about our data sources and methodologies.