by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Elmira College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financing solutions does Elmira deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Elmira College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Elmira College, 100% of the incoming full-time class was awarded financial aid some 162 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $28,780 |
| Institutional grants & scholarships | 100% | $25,189 |
| Federal Pell grants | 41% | $5,656 |
| State/local grants | 34% | $2,421 |
| Federal student loans | 75% | $5,648 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Elmira, around 94% of undergraduate students received gift aid averaging $25,931 (across approximately 576 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $25,931 |
| Federal Pell grants | 38% | $5,460 |
| Federal student loans | 72% | $6,694 |
On-campus students receiving title-IV aid were awarded grants averaging $30,063.
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 | $19,497 |
| $30,001 – $75,000 | $18,891 |
| Over $75,000 | $27,227 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $22,386 |
| Off-campus title-IV students | $23,735 |
For an estimate tailored to your family circumstances, see Elmira’s online cost calculator: www.elmira.edu/affordability/tuition-aid-resources/net-price-calculator.
Graduating students at Elmira carry a median federal student debt of $20,230 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,230 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Elmira.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,250 |
| 25th percentile | $8,750 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $37,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $24,900 |
| High income | $19,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,510 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,480 |
| Independent students | $18,524 |
These indicators are derived from the underlying debt data and summarize the overall picture at Elmira.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Elmira:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6209 |
| Total Stafford loan amount | $109,544,820 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $108,434 |
| Average GI Bill amount per recipient | $21,687 |
References
More about our data sources and methodologies.