by our College Data Analytics TeamA lot 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 price of attendance at Eckerd College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does Eckerd offer, and what will you qualify for? Keep scrolling for more information. Scroll down to discover 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Eckerd 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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Eckerd College, 100% of entering full-time freshmen got some type of financial assistance around 534 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $24,813 |
| Institutional grants & scholarships | 99% | $22,097 |
| Federal Pell grants | 23% | $5,398 |
| State/local grants | 20% | $5,141 |
| Federal student loans | 48% | $5,209 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, roughly 98% of the undergraduate population received grant aid that averaged $28,120 (for some 1953 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $28,120 |
| Federal Pell grants | 21% | $5,373 |
| Federal student loans | 44% | $6,242 |
For students living on campus and receiving title-IV aid, grants averaged $30,873.
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 | $27,571 |
| $30,001 – $75,000 | $29,551 |
| Over $75,000 | $35,949 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $38,071 |
| Off-campus title-IV students | $33,011 |
To project your own net price, use Eckerd’s net price calculator: www.eckerd.edu/admissions/net-price-calculator/.
The median federal debt load at Eckerd comes to $19,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Eckerd.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,692 |
| 25th percentile | $7,965 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,000 |
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 | $19,000 |
| Middle income | $23,167 |
| High income | $19,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,500 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $15,390 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Eckerd.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Eckerd:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7515 |
| Total Stafford loan amount | $137,082,356 |
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 | 43 |
| Total GI Bill amount | $1,488,863 |
| Average GI Bill amount per recipient | $34,625 |
References
More about our data sources and methodologies.