by our College Data Analytics TeamMost students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Dean College can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Dean College provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Dean College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Dean College, 100% of first-year full-time students received aid of some kind approximately 337 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $32,958 |
| Institutional grants & scholarships | 100% | $29,975 |
| Federal Pell grants | 38% | $5,587 |
| State/local grants | 21% | $3,411 |
| Federal student loans | 76% | $5,444 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Dean College, around 96% of undergraduates were awarded grant or scholarship aid averaging $32,714 (among about 1105 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $32,714 |
| Federal Pell grants | 34% | $5,309 |
| Federal student loans | 72% | $6,348 |
On-campus students receiving title-IV aid were awarded grants averaging $34,205.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,436 |
| $30,001 – $75,000 | $26,736 |
| Over $75,000 | $32,700 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $30,684 |
| Off-campus title-IV students | $30,236 |
To project your own net price, use Dean College’s net price calculator: www.dean.edu/net-price-calculator.aspx.
The median student at Dean College graduates with $12,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Dean College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,410 |
| 25th percentile | $5,500 |
| 75th percentile | $17,000 |
| 90th percentile (highest-debt students) | $27,000 |
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 | $12,000 |
| Middle income | $12,000 |
| High income | $12,156 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $13,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $10,500 |
The figure below distills the debt data into a single burden category for Dean College.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Dean College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7032 |
| Total Stafford loan amount | $83,500,940 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 19 |
| Total GI Bill amount | $589,641 |
| Average GI Bill amount per recipient | $31,034 |
References
More about our data sources and methodologies.