by our College Data Analytics TeamMany 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 Georgia College & State University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Georgia College offer, and what will you qualify for? Keep reading for more information. Keep reading to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Georgia College & 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 freshmen starting at Georgia College & State University, 97% of first-year full-time students received aid of some kind (about 1753 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $8,673 |
| Institutional grants & scholarships | 9% | $3,569 |
| Federal Pell grants | 19% | $5,395 |
| State/local grants | 94% | $7,326 |
| Federal student loans | 36% | $5,300 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Georgia College, some 83% of undergraduates were awarded an average grant or scholarship of $8,524 (among about 4732 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $8,524 |
| Federal Pell grants | 18% | $5,280 |
| Federal student loans | 34% | $5,957 |
On-campus students receiving title-IV aid were awarded grants averaging $9,572.
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 | $13,913 |
| $30,001 – $75,000 | $16,647 |
| Over $75,000 | $21,011 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $20,686 |
| Off-campus title-IV students | $18,809 |
For an estimate tailored to your family circumstances, see Georgia College’s online cost calculator: irout.gcsu.edu/cc/.
The median student at Georgia College graduates with $16,018 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,018 |
| Median federal debt (graduates only) | $22,250 |
| Typical 10-year monthly payment (graduates) | $235.89/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Georgia College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $7,500 |
| 75th percentile | $25,500 |
| 90th percentile (highest-debt students) | $30,183 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $18,231 |
| Middle income | $17,250 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,533 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,217 |
| Independent students | $14,250 |
A handful of calculated indicators summarize the debt outlook at Georgia College.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Georgia College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19336 |
| Total Stafford loan amount | $376,642,801 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 40 |
| Total GI Bill amount | $201,981 |
| Average GI Bill amount per recipient | $5,050 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 11 |
| Total DoD amount | $33,072 |
| Average DoD amount per recipient | $3,007 |
References
More about our data sources and methodologies.