by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Goldey-Beacom College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Goldey - Beacom College deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out 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. Use the information below to understand how much financial assistance you may get from Goldey-Beacom College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Goldey-Beacom College, 100% of the incoming full-time class was awarded financial aid (about 149 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $10,647 |
| Institutional grants & scholarships | 95% | $7,259 |
| Federal Pell grants | 53% | $6,274 |
| State/local grants | 12% | $1,544 |
| Federal student loans | 54% | $5,600 |
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 Goldey - Beacom College, about 84% of undergraduates were awarded grant or scholarship aid averaging $10,279 (among about 587 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $10,279 |
| Federal Pell grants | 38% | $5,725 |
| Federal student loans | 34% | $6,250 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $10,948.
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 | $14,110 |
| $30,001 – $75,000 | $15,919 |
| Over $75,000 | $20,352 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $15,554 |
| Off-campus title-IV students | $16,957 |
For a personalized estimate based on your family’s financial situation, use Goldey - Beacom College’s net price tool: www.gbc.edu/admissions-aid/financial-aid/undergraduate/cost-and-affordability/.
The middle student in the debt distribution at Goldey - Beacom College owes $14,375 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,375 |
| Median federal debt (graduates only) | $18,900 |
| Typical 10-year monthly payment (graduates) | $200.37/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 figures below chart the debt distribution at Goldey - Beacom College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,100 |
| 25th percentile | $6,007 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $35,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $11,613 |
| Middle income | $13,615 |
| High income | $16,701 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,353 |
| Continuing-generation students | $15,939 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,775 |
| Independent students | $11,614 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Goldey - Beacom College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Goldey - Beacom College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3126 |
| Total Stafford loan amount | $60,631,777 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $103,535 |
| Average GI Bill amount per recipient | $9,412 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.