by our College Data Analytics TeamA large number of students will not be asked to pay 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 sum total of attendance at Emerson College can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financing options does Emerson offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to find out how much school funding will be available 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 Emerson College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Emerson College, 80% of first-time, full-time freshmen received some form of financial aid (about 794 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $26,997 |
| Institutional grants & scholarships | 76% | $26,068 |
| Federal Pell grants | 14% | $5,541 |
| State/local grants | 3% | $3,548 |
| Federal student loans | 43% | $5,351 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 75% of undergraduate students received gift aid averaging $26,674 (across roughly 3149 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $26,674 |
| Federal Pell grants | 16% | $6,076 |
| Federal student loans | 43% | $6,531 |
On-campus students receiving title-IV aid were awarded grants averaging $31,219.
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 | $32,728 |
| $30,001 – $75,000 | $37,286 |
| Over $75,000 | $53,248 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $49,180 |
| Off-campus title-IV students | $46,766 |
For a customized cost estimate, visit Emerson’s net price tool: npc.collegeboard.org/student/app/emerson.
A typical borrower at Emerson leaves with $19,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $23,000 |
| Typical 10-year monthly payment (graduates) | $243.84/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly 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 Emerson.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $29,125 |
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 | $16,375 |
| Middle income | $19,500 |
| High income | $18,988 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $17,782 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,354 |
| Independent students | $12,500 |
The figure below distills the debt data into a single burden category for Emerson.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Emerson:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15592 |
| Total Stafford loan amount | $350,604,787 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 91 |
| Total GI Bill amount | $2,204,547 |
| Average GI Bill amount per recipient | $24,226 |
References
More about our data sources and methodologies.