by our College Data Analytics TeamA large number of students are not billed 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 Jackson College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Jackson College offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to learn how much school funding will 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. The figures below will help you estimate the aid you might receive from Jackson College.
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.
At Jackson College, 92% of entering full-time freshmen got some type of financial assistance around 269 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $10,185 |
| Institutional grants & scholarships | 21% | $2,360 |
| Federal Pell grants | 63% | $7,010 |
| State/local grants | 75% | $5,228 |
| Federal student loans | 28% | $4,687 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Jackson College, approximately 54% of undergrads got grants or scholarships worth on average $8,035 (across approximately 2500 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $8,035 |
| Federal Pell grants | 37% | $6,204 |
| Federal student loans | 17% | $6,492 |
For students living on campus and receiving title-IV aid, grants averaged $10,947.
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 | $5,079 |
| $30,001 – $75,000 | $7,489 |
| Over $75,000 | $13,410 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $7,761 |
| Off-campus title-IV students | $7,657 |
For a customized cost estimate, visit Jackson College’s net price tool: www.jccmi.edu/financial-aid/net-price-calculator/.
The median student at Jackson College graduates with $8,750 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,750 |
| Median federal debt (graduates only) | $13,875 |
| Typical 10-year monthly payment (graduates) | $147.1/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Jackson College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,188 |
| 25th percentile | $3,485 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $22,575 |
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 | $9,218 |
| Middle income | $8,750 |
| High income | $6,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,000 |
| Continuing-generation students | $7,875 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,000 |
| Independent students | $10,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Jackson College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Jackson College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16457 |
| Total Stafford loan amount | $200,131,601 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 81 |
| Total GI Bill amount | $196,841 |
| Average GI Bill amount per recipient | $2,430 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $5,514 |
| Average DoD amount per recipient | $1,379 |
References
More about our data sources and methodologies.