by our College Data Analytics TeamMost students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Emory & Henry University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can Emory & Henry College offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Emory & Henry University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Emory & Henry University, 98% of new full-time first-years were awarded at least some aid around 331 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $31,511 |
| Institutional grants & scholarships | 98% | $26,921 |
| Federal Pell grants | 34% | $5,469 |
| State/local grants | 54% | $4,781 |
| Federal student loans | 59% | $5,353 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Emory & Henry College, approximately 96% of undergraduates were awarded an average grant or scholarship of $32,150 (across roughly 1067 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $32,150 |
| Federal Pell grants | 38% | $5,335 |
| Federal student loans | 59% | $6,314 |
Title-IV recipients living on campus saw average grant aid of $33,793.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,398 |
| $30,001 – $75,000 | $20,004 |
| Over $75,000 | $22,699 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $19,061 |
| Off-campus title-IV students | $20,591 |
For a customized cost estimate, visit Emory & Henry College’s net price tool: www.emoryhenry.edu/financial-aid/cost-calculator/.
The median federal debt load at Emory & Henry College comes to $18,460 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,460 |
| Median federal debt (graduates only) | $26,332 |
| Typical 10-year monthly payment (graduates) | $279.16/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Emory & Henry College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $6,714 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $17,500 |
| Middle income | $18,085 |
| High income | $19,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,375 |
| Continuing-generation students | $20,344 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,750 |
| Independent students | $15,750 |
The figure below distills the debt data into a single burden category for Emory & Henry College.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Emory & Henry College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4907 |
| Total Stafford loan amount | $95,071,945 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $380,056 |
| Average GI Bill amount per recipient | $19,003 |
References
More about our data sources and methodologies.