The majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Eastwick College-Nutley can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Eastwick College - Nutley deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Eastwick College-Nutley.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Eastwick College-Nutley, 100% of new full-time first-years were awarded at least some aid some 106 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $8,069 |
| Institutional grants & scholarships | 3% | $2,000 |
| Federal Pell grants | 81% | $6,023 |
| State/local grants | 48% | $5,219 |
| Federal student loans | 66% | $5,883 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 70% of undergrads got grants or scholarships worth on average $8,416 (for some 321 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $8,416 |
| Federal Pell grants | 66% | $5,649 |
| Federal student loans | 72% | $6,391 |
For students living on campus and receiving title-IV aid, grants averaged $9,248.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,420 |
| $30,001 – $75,000 | $17,757 |
| Over $75,000 | $21,160 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $17,206 |
| Off-campus title-IV students | $17,537 |
To get a personalized net price estimate, try Eastwick College - Nutley’s NPC: www.eastwickcollege.edu/Net_Price.php.
The median federal debt load at Eastwick College - Nutley comes to $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,775 |
| Typical 10-year monthly payment (graduates) | $124.83/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. These percentiles trace how cumulative federal debt is spread among borrowers at Eastwick College - Nutley.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,871 |
| 25th percentile | $5,598 |
| 75th percentile | $13,779 |
| 90th percentile (highest-debt students) | $17,959 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $11,096 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $12,335 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,208 |
| Independent students | $10,889 |
These indicators are derived from the underlying debt data and summarize the overall picture at Eastwick College - Nutley.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Eastwick College - Nutley:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5114 |
| Total Stafford loan amount | $46,907,981 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $172,742 |
| Average GI Bill amount per recipient | $10,796 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.