by our College Data Analytics TeamMany students will never be charged 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 Hamrick School can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Hamrick School offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Hamrick School.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Hamrick School, 71% of entering full-time freshmen got some type of financial assistance (about 89 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $4,761 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 33% | $4,166 |
| State/local grants | 18% | $5,269 |
| Federal student loans | 33% | $5,513 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Hamrick School, roughly 46% of undergraduates were awarded an average grant or scholarship of $5,269 (across roughly 112 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $5,269 |
| Federal Pell grants | 19% | $4,166 |
| Federal student loans | 19% | $5,513 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,612.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,095 |
| $30,001 – $75,000 | $5,629 |
| Over $75,000 | $9,526 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $4,956 |
| Off-campus title-IV students | $4,428 |
For an estimate tailored to your family circumstances, see Hamrick School’s NPC: www.hamrickschool.edu/npc/npcalc.htm.
Graduating students at Hamrick School carry a median federal student debt of $5,481 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,481 |
| Median federal debt (graduates only) | $5,481 |
| Typical 10-year monthly payment (graduates) | $58.11/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Hamrick School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,741 |
| 25th percentile | $5,481 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $6,333 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,481 |
These indicators are derived from the underlying debt data and summarize the overall picture at Hamrick School.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Hamrick School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1547 |
| Total Stafford loan amount | $8,394,616 |
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 | 18 |
| Total GI Bill amount | $122,850 |
| Average GI Bill amount per recipient | $6,825 |
References
More about our data sources and methodologies.