by our College Data Analytics TeamA large number of students will never be charged 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 sum total of attendance at Dorsey College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will Dorsey College, Woodhaven offer, and what will you qualify for? Read on for more information. Keep scrolling 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Dorsey 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. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Dorsey College, 83% of first-time, full-time freshmen received some form of financial aid approximately 79 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $5,596 |
| Institutional grants & scholarships | 44% | $1,020 |
| Federal Pell grants | 75% | $4,764 |
| State/local grants | 18% | $2,176 |
| Federal student loans | 77% | $6,187 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Dorsey College, Woodhaven, around 80% of the undergraduate population received grant aid that averaged $6,176 (across roughly 435 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $6,176 |
| Federal Pell grants | 74% | $5,183 |
| Federal student loans | 79% | $7,394 |
For students living on campus and receiving title-IV aid, grants averaged $5,702.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,079 |
| $30,001 – $75,000 | $28,359 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,525 |
| Off-campus title-IV students | $22,079 |
For a customized cost estimate, visit Dorsey College, Woodhaven’s official net price calculator: solutions.campusivy.com/Apps/NPC/NPCWizard?institutionId=11800.
The median student at Dorsey College, Woodhaven graduates with $9,500 of federal borrowing.
| 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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Dorsey College, Woodhaven.
| 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 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $10,579 |
| High income | $8,917 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $10,458 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Dorsey College, Woodhaven.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Dorsey College, Woodhaven:
| 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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $158,764 |
| Average GI Bill amount per recipient | $14,433 |
References
More about our data sources and methodologies.