by our College Data Analytics TeamA lot 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 total price of attendance at Gordon College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Gordon College offer, and what will you qualify for? Keep reading for more information. Keep going to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Gordon College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Gordon College, 100% of first-year full-time students received aid of some kind some 321 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $16,802 |
| Institutional grants & scholarships | 100% | $15,472 |
| Federal Pell grants | 20% | $4,695 |
| State/local grants | 12% | $3,129 |
| Federal student loans | 52% | $5,282 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 95% of undergrads got grants or scholarships worth on average $16,820 (among about 1234 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $16,820 |
| Federal Pell grants | 21% | $5,360 |
| Federal student loans | 53% | $6,336 |
For on-campus title-IV students, average grant aid came to $17,563.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,393 |
| $30,001 – $75,000 | $22,603 |
| Over $75,000 | $26,697 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $24,883 |
| Off-campus title-IV students | $24,817 |
For a customized cost estimate, visit Gordon College’s net price tool: www.gordon.edu/netpricecalculator.
A typical borrower at Gordon College leaves with $23,250 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,250 |
| Median federal debt (graduates only) | $26,250 |
| Typical 10-year monthly payment (graduates) | $278.29/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 Gordon College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $34,105 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,000 |
| Middle income | $20,982 |
| High income | $23,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,250 |
| Continuing-generation students | $23,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $23,250 |
| Independent students | $15,875 |
These indicators are derived from the underlying debt data and summarize the overall picture at Gordon College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Gordon College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5243 |
| Total Stafford loan amount | $82,956,413 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $329,928 |
| Average GI Bill amount per recipient | $16,496 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.