by our College Data Analytics TeamMany 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 total cost of going to Goucher College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Goucher provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover what amount of financial assistance could be accessible 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 Goucher College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Goucher College, 100% of first-time, full-time freshmen received some form of financial aid roughly 257 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $43,791 |
| Institutional grants & scholarships | 99% | $39,083 |
| Federal Pell grants | 35% | $6,152 |
| State/local grants | 23% | $10,655 |
| Federal student loans | 50% | $5,200 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, approximately 98% of undergraduate students received gift aid averaging $41,258 (for some 935 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $41,258 |
| Federal Pell grants | 35% | $6,333 |
| Federal student loans | 53% | $6,495 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $48,074.
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 | $14,070 |
| $30,001 – $75,000 | $18,105 |
| Over $75,000 | $32,948 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,470 |
| Off-campus title-IV students | $23,774 |
For a personalized estimate based on your family’s financial situation, use Goucher’s net price calculator: www.goucher.edu/financial-aid/tuition-and-fees/net-price-calculator.
Graduating students at Goucher carry a median federal student debt of $17,882 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,882 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Goucher.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,829 |
| 25th percentile | $7,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,500 |
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 | $18,500 |
| Middle income | $17,875 |
| High income | $17,764 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,727 |
| Continuing-generation students | $17,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,425 |
| Independent students | $13,031 |
These indicators are derived from the underlying debt data and summarize the overall picture at Goucher.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Goucher:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5479 |
| Total Stafford loan amount | $103,877,738 |
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 | 10 |
| Total GI Bill amount | $308,677 |
| Average GI Bill amount per recipient | $30,868 |
References
More about our data sources and methodologies.