by our College Data Analytics TeamThe majority of students will never be charged 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 price of attendance at East Tennessee State University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will ETSU offer, and what will you qualify for? Read on for more information. Keep reading to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from East Tennessee State University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at East Tennessee State University, 94% of entering full-time freshmen got some type of financial assistance (about 1972 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $10,101 |
| Institutional grants & scholarships | 53% | $4,325 |
| Federal Pell grants | 43% | $5,561 |
| State/local grants | 72% | $5,472 |
| Federal student loans | 36% | $6,094 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at ETSU, roughly 84% of undergrads got grants or scholarships worth on average $11,795 (across approximately 8940 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $11,795 |
| Federal Pell grants | 35% | $5,361 |
| Federal student loans | 34% | $7,468 |
On-campus students receiving title-IV aid were awarded grants averaging $11,059.
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 | $13,328 |
| $30,001 – $75,000 | $15,030 |
| Over $75,000 | $20,384 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $15,983 |
| Off-campus title-IV students | $15,794 |
To project your own net price, use ETSU’s NPC: www.etsu.edu/financial-aid-and-scholarships/cost/netprice.php.
A typical borrower at ETSU leaves with $14,400 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,400 |
| Median federal debt (graduates only) | $19,442 |
| Typical 10-year monthly payment (graduates) | $206.12/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 percentiles below describe the cumulative federal debt distribution for borrowers at ETSU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $25,003 |
| 90th percentile (highest-debt students) | $37,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,500 |
| Middle income | $14,304 |
| High income | $14,183 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $13,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,750 |
| Independent students | $17,250 |
The figure below distills the debt data into a single burden category for ETSU.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at ETSU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 43670 |
| Total Stafford loan amount | $1,196,902,817 |
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 | 212 |
| Total GI Bill amount | $1,889,603 |
| Average GI Bill amount per recipient | $8,913 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.