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Framingham State University Financial Aid and Scholarship Details

92% Freshmen Get Financial Aid
$11,369 Average Grant & Scholarship
64% Undergrads Get Grant Aid

A large number of students will never be charged 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 price of attendance at Framingham State University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

Just what financing solutions does Framingham State deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to find out how much school funding will be available to you.

Importance of Framingham State Aid Information

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 Framingham State University.

What First Years Receive at Framingham State University

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. 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 Framingham State University, 92% of first-time, full-time freshmen received some form of financial aid roughly 455 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)86%$11,338
Institutional grants & scholarships71%$3,479
Federal Pell grants50%$5,689
State/local grants68%$6,230
Federal student loans60%$4,961

Grant Aid for Undergraduates at Framingham State University

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Framingham State, some 64% of undergrads got grants or scholarships worth on average $11,369 (among about 1809 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$11,369
Federal Pell grants37%$5,537
Federal student loans51%$5,902

Title-IV recipients living on campus saw average grant aid of $11,299.

Income-Adjusted Net Price at Framingham State University

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$11,024
$30,001 – $75,000$13,903
Over $75,000$23,124

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Framingham State University

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$16,114
Off-campus title-IV students$16,698

To get a personalized net price estimate, try Framingham State’s online cost calculator: npc.collegeboard.org/app/framingham.

Median Student Debt for Graduates of Framingham State University

The middle student in the debt distribution at Framingham State owes $17,224 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$17,224
Median federal debt (graduates only)$25,000
Typical 10-year monthly payment (graduates)$265.04/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Where Student Debt Falls

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Framingham State.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,500
25th percentile$6,700
75th percentile$27,000
90th percentile (highest-debt students)$31,227

Debt by Student Cohort at Framingham State University

Median debt varies by family income, by first-generation status, and by dependency status.

Debt by Income Tier

Income tierMedian federal debt
Low income$17,500
Middle income$17,500
High income$16,696

First-Generation Comparison

CohortMedian federal debt
First-generation students$18,028
Continuing-generation students$15,000

By Dependency Status

CohortMedian federal debt
Dependent students$17,096
Independent students$17,795

Debt Burden Indicators

The figure below distills the debt data into a single burden category for Framingham State.

Stafford Loan Activity at Framingham State University

The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Framingham State:

MetricValue
Stafford loan recipients13701
Total Stafford loan amount$210,032,739

Military and Veterans Aid at Framingham State University

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients77
Total GI Bill amount$555,875
Average GI Bill amount per recipient$7,219

DoD program volume

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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