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Dorsey College-Grand Rapids Financial Aid & Scholarships

78% Freshmen Get Financial Aid
$6,696 Average Grant & Scholarship
35% Undergrads Get Grant Aid

Many 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 total cost of going to Dorsey College-Grand Rapids can seem overpowering, but remember that the majority of students are given some form of financial assistance.

What financing options does Dorsey College-Grand Rapids offer you, and what will you qualify for? Keep scrolling for more information. Keep going to see how much school funding could be available to you.

Why You Should Understand Dorsey College-Grand Rapids Financial Aid Information

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-Grand Rapids.

What First Years Receive at Dorsey College-Grand Rapids

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Looking at the entering class at Dorsey College-Grand Rapids, 78% of entering full-time freshmen got some type of financial assistance roughly 7 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$4,014
Institutional grants & scholarships0%
Federal Pell grants78%$3,950
State/local grants0%
Federal student loans78%$5,355

Undergraduate Grant Aid at Dorsey College-Grand Rapids

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Dorsey College-Grand Rapids, around 35% of undergraduates were awarded an average grant or scholarship of $6,696 (across approximately 29 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)35%$6,696
Federal Pell grants17%$6,064
Federal student loans17%$7,369

Title-IV recipients living on campus saw average grant aid of $4,014.

Net Price at Dorsey College-Grand Rapids

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$28,062

For a customized cost estimate, visit Dorsey College-Grand Rapids’s online cost calculator: solutions.campusivy.com/Apps/NPC/NPCWizard?institutionId=11800.

Median Student Debt for Graduates of Dorsey College-Grand Rapids

Graduating students at Dorsey College-Grand Rapids carry a median federal student debt of $9,500 in federal loans.

MetricAmount
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.

Where Student Debt Falls

A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Dorsey College-Grand Rapids.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,626
25th percentile$4,436
75th percentile$13,000
90th percentile (highest-debt students)$13,969

How Debt Outcomes Vary by Student Group at Dorsey College-Grand Rapids

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$9,500
Middle income$10,579
High income$8,917

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$9,500
Continuing-generation students$9,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$7,667
Independent students$10,458

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Dorsey College-Grand Rapids.

Federal Loan Volume at Dorsey College-Grand Rapids

Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Dorsey College-Grand Rapids:

MetricValue
Stafford loan recipients26980
Total Stafford loan amount$263,666,284

References

More about our data sources and methodologies.

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