by our College Data Analytics TeamThe majority of students are not billed 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 total cost of going to Eastern International College-Jersey City can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can Eastern International College - Jersey City offer, and what will you qualify for? Keep reading for more information. Scroll down to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Eastern International College-Jersey City.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Eastern International College-Jersey City, 94% of first-time, full-time freshmen received some form of financial aid (about 31 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $6,454 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 76% | $3,379 |
| State/local grants | 39% | $5,159 |
| Federal student loans | 67% | $3,799 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 42% of undergrads got grants or scholarships worth on average $5,321 (covering around 197 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $5,321 |
| Federal Pell grants | 39% | $3,070 |
| Federal student loans | 61% | $4,571 |
For on-campus title-IV students, average grant aid came to $5,071.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,532 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $21,111 |
| Off-campus title-IV students | $23,532 |
To project your own net price, use Eastern International College - Jersey City’s official net price calculator: www.eicollege.edu/financial-aid/net-price-calculator/.
The middle student in the debt distribution at Eastern International College - Jersey City owes $18,499 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,499 |
| Median federal debt (graduates only) | $24,751 |
| Typical 10-year monthly payment (graduates) | $262.4/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Eastern International College - Jersey City.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $7,800 |
| 75th percentile | $26,658 |
| 90th percentile (highest-debt students) | $32,309 |
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 | $18,750 |
| Middle income | $17,649 |
| High income | $18,498 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,500 |
| Continuing-generation students | $17,014 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,999 |
| Independent students | $21,250 |
A handful of calculated indicators summarize the debt outlook at Eastern International College - Jersey City.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Eastern International College - Jersey City:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3927 |
| Total Stafford loan amount | $59,691,566 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $21,009 |
| Average GI Bill amount per recipient | $10,505 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.