by our College Data Analytics TeamMany students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Dorsey College-Dearborn can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financing options does Dorsey College, Dearborn offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Dorsey College-Dearborn.
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.
Among first-time, full-time freshmen at Dorsey College-Dearborn, 91% of first-time, full-time freshmen received some form of financial aid around 100 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $4,927 |
| Institutional grants & scholarships | 25% | $508 |
| Federal Pell grants | 86% | $4,731 |
| State/local grants | 5% | $1,500 |
| Federal student loans | 77% | $6,448 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Dorsey College, Dearborn, approximately 93% of undergraduates were awarded an average grant or scholarship of $5,633 (covering around 417 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $5,633 |
| Federal Pell grants | 88% | $5,113 |
| Federal student loans | 89% | $6,907 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,917.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,173 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,615 |
| Off-campus title-IV students | $22,173 |
For a personalized estimate based on your family’s financial situation, use Dorsey College, Dearborn’s online cost calculator: solutions.campusivy.com/Apps/NPC/NPCWizard?institutionId=11800.
A typical borrower at Dorsey College, Dearborn leaves with $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
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 Dorsey College, Dearborn.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,626 |
| 25th percentile | $4,436 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $13,969 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $10,579 |
| High income | $8,917 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $10,458 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Dorsey College, Dearborn.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Dorsey College, Dearborn:
| Metric | Value |
|---|---|
| Stafford loan recipients | 26980 |
| Total Stafford loan amount | $263,666,284 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $203,370 |
| Average GI Bill amount per recipient | $16,948 |
References
More about our data sources and methodologies.