by our College Data Analytics TeamMost students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Hobart William Smith Colleges can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does The Colleges deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Hobart William Smith Colleges.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. 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 Hobart William Smith Colleges, 100% of new full-time first-years were awarded at least some aid (about 462 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $48,432 |
| Institutional grants & scholarships | 100% | $45,672 |
| Federal Pell grants | 26% | $5,796 |
| State/local grants | 18% | $5,374 |
| Federal student loans | 81% | $3,753 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at The Colleges, some 97% of undergraduates were awarded grant or scholarship aid averaging $46,996 (across approximately 1571 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $46,996 |
| Federal Pell grants | 25% | $5,712 |
| Federal student loans | 74% | $5,201 |
Title-IV recipients living on campus saw average grant aid of $51,039.
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 | $12,351 |
| $30,001 – $75,000 | $17,568 |
| Over $75,000 | $38,059 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $31,563 |
| Off-campus title-IV students | $31,057 |
To get a personalized net price estimate, try The Colleges’s online cost calculator: hws.studentaidcalculator.com/survey.aspx.
Graduating students at The Colleges carry a median federal student debt of $24,250 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $24,250 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at The Colleges.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $28,750 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $21,000 |
| Middle income | $23,500 |
| High income | $25,088 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,068 |
| Continuing-generation students | $23,623 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. The Colleges.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at The Colleges:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5686 |
| Total Stafford loan amount | $95,113,273 |
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 | 8 |
| Total GI Bill amount | $216,960 |
| Average GI Bill amount per recipient | $27,120 |
References
More about our data sources and methodologies.