by our College Data Analytics TeamThe majority 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 Fort Valley State University can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Fort Valley State University deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Fort Valley State University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Fort Valley State University, 98% of entering full-time freshmen got some type of financial assistance approximately 671 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $10,049 |
| Institutional grants & scholarships | 24% | $5,310 |
| Federal Pell grants | 80% | $6,480 |
| State/local grants | 56% | $5,012 |
| Federal student loans | 76% | $5,673 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Fort Valley State University, about 86% of undergraduates were awarded grant or scholarship aid averaging $9,507 (covering around 2208 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $9,507 |
| Federal Pell grants | 73% | $6,257 |
| Federal student loans | 68% | $6,240 |
Title-IV recipients living on campus saw average grant aid of $9,541.
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 | $10,462 |
| $30,001 – $75,000 | $11,862 |
| Over $75,000 | $16,218 |
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 | $10,338 |
| Off-campus title-IV students | $11,609 |
For a personalized estimate based on your family’s financial situation, use Fort Valley State University’s NPC: www.fvsu.edu/about-fvsu/office-of-financial-aid.
Graduating students at Fort Valley State University carry a median federal student debt of $19,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $31,000 |
| Typical 10-year monthly payment (graduates) | $328.65/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Fort Valley State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $39,750 |
| 90th percentile (highest-debt students) | $51,456 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $20,250 |
| Middle income | $18,438 |
| High income | $16,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $19,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,000 |
| Independent students | $20,136 |
The figure below distills the debt data into a single burden category for Fort Valley State University.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Fort Valley State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 20675 |
| Total Stafford loan amount | $567,864,033 |
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 | 3 |
| Total GI Bill amount | $7,857 |
| Average GI Bill amount per recipient | $2,619 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 8 |
| Total DoD amount | $16,269 |
| Average DoD amount per recipient | $2,034 |
References
More about our data sources and methodologies.