by our College Data Analytics TeamA large number 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 total price of attendance at Fisk University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Fisk provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Fisk University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Fisk University, 87% of first-year full-time students received aid of some kind approximately 259 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $22,811 |
| Institutional grants & scholarships | 87% | $16,407 |
| Federal Pell grants | 53% | $6,112 |
| State/local grants | 47% | $4,957 |
| Federal student loans | 51% | $7,117 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Fisk, around 93% of undergrads got grants or scholarships worth on average $26,079 (for some 880 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $26,079 |
| Federal Pell grants | 52% | $5,978 |
| Federal student loans | 53% | $7,439 |
Title-IV recipients living on campus saw average grant aid of $7,430.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,225 |
| $30,001 – $75,000 | $26,138 |
| Over $75,000 | $34,635 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $32,020 |
| Off-campus title-IV students | $26,135 |
To get a personalized net price estimate, try Fisk’s online cost calculator: nces.ed.gov/ipeds/netpricecalculator/#/step-3-1.
Graduating students at Fisk carry a median federal student debt of $14,250 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,250 |
| 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. The figures below chart the debt distribution at Fisk.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $10,500 |
| 75th percentile | $32,500 |
| 90th percentile (highest-debt students) | $40,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,000 |
| Middle income | $14,005 |
| High income | $23,750 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,880 |
| Continuing-generation students | $21,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,250 |
| Independent students | $14,250 |
The figure below distills the debt data into a single burden category for Fisk.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Fisk:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5197 |
| Total Stafford loan amount | $121,617,875 |
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 | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.