A 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 Endicott College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Endicott provide, and just what are you going to be eligible for? Read on for answers. Scroll down to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Endicott 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.
Among first-time, full-time freshmen at Endicott College, 98% of first-year full-time students received aid of some kind (about 875 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $17,975 |
| Institutional grants & scholarships | 96% | $17,175 |
| Federal Pell grants | 13% | $4,673 |
| State/local grants | 8% | $2,340 |
| Federal student loans | 67% | $5,314 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 89% of the undergraduate population received grant aid that averaged $17,513 (across approximately 2837 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $17,513 |
| Federal Pell grants | 13% | $5,329 |
| Federal student loans | 63% | $6,481 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $18,674.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $29,173 |
| $30,001 – $75,000 | $31,484 |
| Over $75,000 | $41,486 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $40,654 |
| Off-campus title-IV students | $39,324 |
For a customized cost estimate, visit Endicott’s net price calculator: app.meadowfi.com/endicott.
Graduating students at Endicott carry a median federal student debt of $23,250 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,250 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/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 Endicott.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,250 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $28,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,067 |
| Middle income | $23,248 |
| High income | $23,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,936 |
| Continuing-generation students | $23,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $24,360 |
| Independent students | $8,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Endicott.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Endicott:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10712 |
| Total Stafford loan amount | $179,047,888 |
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 | 35 |
| Total GI Bill amount | $544,390 |
| Average GI Bill amount per recipient | $15,554 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 13 |
| Total DoD amount | $19,705 |
| Average DoD amount per recipient | $1,516 |
References
More about our data sources and methodologies.