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 sum total of attendance at Hoss Lee Academy can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Hoss Lee Academy provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Hoss Lee Academy.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Hoss Lee Academy, 37% of the incoming full-time class was awarded financial aid some 51 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $4,513 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 25% | $4,513 |
| State/local grants | 0% | — |
| Federal student loans | 31% | $6,238 |
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 this school, roughly 20% of undergraduates were awarded an average grant or scholarship of $3,834 (for some 43 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 20% | $3,834 |
| Federal Pell grants | 20% | $3,834 |
| Federal student loans | 28% | $4,812 |
For students living on campus and receiving title-IV aid, grants averaged $2,557.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,420 |
| $30,001 – $75,000 | $24,444 |
| Over $75,000 | $27,748 |
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 | $28,065 |
| Off-campus title-IV students | $24,417 |
For a customized cost estimate, visit Hoss Lee Academy’s net price calculator: www.hossleeacademy.com/net-price-calculator/.
The median student at Hoss Lee Academy graduates with $6,333 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
A handful of calculated indicators summarize the debt outlook at Hoss Lee Academy.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Hoss Lee Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 317 |
| Total Stafford loan amount | $2,359,614 |
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.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $92,687 |
| Average GI Bill amount per recipient | $13,241 |
References
More about our data sources and methodologies.