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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $7,131 |
| Institutional grants & scholarships | 77% | $1,602 |
| Federal Pell grants | 60% | $6,969 |
| State/local grants | 57% | $2,358 |
| Federal student loans | 8% | $7,566 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $5,918 |
| Federal Pell grants | 32% | $6,361 |
| Federal student loans | 9% | $9,689 |
For students living on campus and receiving title-IV aid, grants averaged $8,986.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average 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.
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 | $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.
Graduating students at Grayson College carry a median federal student debt of $7,500 of federal student loans.
| Metric | Amount |
|---|---|
| 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.
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.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,000 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $21,000 |
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 | $9,490 |
| Middle income | $6,625 |
| High income | $4,663 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,800 |
| Continuing-generation students | $6,750 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,199 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8033 |
| Total Stafford loan amount | $91,301,314 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 166 |
| Total GI Bill amount | $373,162 |
| Average GI Bill amount per recipient | $2,248 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.