by our College Data Analytics TeamA large number of students are not billed 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 total cost of going to Five Towns College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial assistance options will Five Towns College offer you, and what will you qualify for? Read on for more information. Scroll down to learn 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. The figures below will help you estimate the aid you might receive from Five Towns College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Five Towns College, 100% of new full-time first-years were awarded at least some aid approximately 163 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $18,184 |
| Institutional grants & scholarships | 95% | $12,544 |
| Federal Pell grants | 43% | $3,705 |
| State/local grants | 50% | $9,118 |
| Federal student loans | 50% | $4,272 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Five Towns College, roughly 79% of undergraduates were awarded an average grant or scholarship of $14,599 (among about 524 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $14,599 |
| Federal Pell grants | 34% | $6,291 |
| Federal student loans | 42% | $4,875 |
For students living on campus and receiving title-IV aid, grants averaged $19,466.
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 | $15,733 |
| $30,001 – $75,000 | $19,706 |
| Over $75,000 | $29,490 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $22,992 |
| Off-campus title-IV students | $20,799 |
For a customized cost estimate, visit Five Towns College’s net price tool: npc.collegeboard.org/student/app/ftc.
Graduating students at Five Towns College carry a median federal student debt of $12,750 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,750 |
| Median federal debt (graduates only) | $21,500 |
| Typical 10-year monthly payment (graduates) | $227.94/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 Five Towns College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,212 |
| 25th percentile | $6,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,563 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,265 |
| Middle income | $13,125 |
| High income | $12,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $14,875 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $24,899 |
The figure below distills the debt data into a single burden category for Five Towns College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Five Towns College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4090 |
| Total Stafford loan amount | $69,109,113 |
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 | 6 |
| Total GI Bill amount | $142,287 |
| Average GI Bill amount per recipient | $23,715 |
References
More about our data sources and methodologies.