by our College Data Analytics TeamThe majority of students will not be asked to pay 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 price tag of going to Gordon State College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial assistance solutions will Gordon provide, 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.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Gordon State College.
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 Gordon State College, 94% of new full-time first-years were awarded at least some aid (about 579 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $6,462 |
| Institutional grants & scholarships | 12% | $2,197 |
| Federal Pell grants | 66% | $6,350 |
| State/local grants | 40% | $3,044 |
| Federal student loans | 53% | $5,127 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, approximately 82% of the undergraduate population received grant aid that averaged $5,104 (covering around 2579 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $5,104 |
| Federal Pell grants | 48% | $6,153 |
| Federal student loans | 36% | $5,957 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,666.
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 | $7,799 |
| $30,001 – $75,000 | $8,776 |
| Over $75,000 | $12,893 |
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 | $8,105 |
| Off-campus title-IV students | $8,918 |
To get a personalized net price estimate, try Gordon’s net price tool: www.gordonstate.edu/netpricecalculator/.
Graduating students at Gordon carry a median federal student debt of $8,750 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,750 |
| Median federal debt (graduates only) | $17,500 |
| Typical 10-year monthly payment (graduates) | $185.53/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Gordon.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $15,599 |
| 90th percentile (highest-debt students) | $25,750 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,250 |
| Middle income | $8,846 |
| High income | $8,776 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,561 |
| Continuing-generation students | $8,941 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,250 |
| Independent students | $10,273 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Gordon.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Gordon:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18223 |
| Total Stafford loan amount | $216,828,391 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 22 |
| Total GI Bill amount | $68,619 |
| Average GI Bill amount per recipient | $3,119 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.