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Grayson College Financial Aid & Debt Outcomes

97% Freshmen Get Financial Aid
$5,918 Average Grant & Scholarship
49% Undergrads Get Grant Aid

A 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 sum total of attendance at Grayson College can sound overpowering, but remember that the majority of students get some type of financial assistance.

Just what financing solutions does Grayson College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to learn just how much financial aid will be open to you.

Importance of Grayson College Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Grayson College.

What First Years Receive at Grayson College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Looking at the entering class at Grayson College, 97% of first-time, full-time freshmen received some form of financial aid around 397 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)95%$7,131
Institutional grants & scholarships77%$1,602
Federal Pell grants60%$6,969
State/local grants57%$2,358
Federal student loans8%$7,566

Free Money: Grants and Scholarships at Grayson College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Grayson College, approximately 49% of undergraduate students received gift aid averaging $5,918 (covering around 2034 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)49%$5,918
Federal Pell grants32%$6,361
Federal student loans9%$9,689

For students living on campus and receiving title-IV aid, grants averaged $8,986.

Aid by Income Level at Grayson College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$4,021
$30,001 – $75,000$5,471
Over $75,000$10,912

The numbers above are post-aid net prices, so they already account for grants and scholarships.

What Students Actually Pay at Grayson College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$5,880
Off-campus title-IV students$4,984

For an estimate tailored to your family circumstances, see Grayson College’s net price calculator: grayson.edu/financialaid/net-price-calculator.html.

Median Student Debt for Graduates of Grayson College

Graduating students at Grayson College carry a median federal student debt of $7,500 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$7,500
Median federal debt (graduates only)$12,250
Typical 10-year monthly payment (graduates)$129.87/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Range of Student Debt at this School

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 Grayson College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$3,000
75th percentile$12,000
90th percentile (highest-debt students)$21,000

Debt Outcomes by Student Group at Grayson College

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Debt by Income Tier

Income tierMedian federal debt
Low income$9,490
Middle income$6,625
High income$4,663

First-Generation Comparison

CohortMedian federal debt
First-generation students$7,800
Continuing-generation students$6,750

By Dependency Status

CohortMedian federal debt
Dependent students$5,199
Independent students$9,500

Is the Debt Manageable?

A handful of calculated indicators summarize the debt outlook at Grayson College.

Stafford Loan Activity at Grayson College

The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Grayson College:

MetricValue
Stafford loan recipients8033
Total Stafford loan amount$91,301,314

Aid for Military-Affiliated Students at Grayson College

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

GI Bill volume

MetricValue
GI Bill recipients166
Total GI Bill amount$373,162
Average GI Bill amount per recipient$2,248

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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