by our College Data Analytics TeamMany 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 price tag of going to Jamestown Business College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Jamestown Business College offer, and what will you qualify for? Read on for more information. Keep going to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Jamestown Business College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Jamestown Business College, 98% of first-time, full-time freshmen received some form of financial aid around 88 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $11,732 |
| Institutional grants & scholarships | 63% | $5,583 |
| Federal Pell grants | 71% | $7,424 |
| State/local grants | 73% | $3,621 |
| Federal student loans | 2% | $1,750 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, approximately 96% of undergraduates were awarded grant or scholarship aid averaging $13,427 (among about 240 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $13,427 |
| Federal Pell grants | 76% | $7,246 |
| Federal student loans | 3% | $3,240 |
For students living on campus and receiving title-IV aid, grants averaged $11,807.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,637 |
| $30,001 – $75,000 | $6,554 |
| Over $75,000 | $10,723 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,230 |
| Off-campus title-IV students | $7,732 |
To project your own net price, use Jamestown Business College’s net price tool: www.jbc.edu/NPC2021/NPC2021.html.
Graduating students at Jamestown Business College carry a median federal student debt of $10,873 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,873 |
| Median federal debt (graduates only) | $14,800 |
| Typical 10-year monthly payment (graduates) | $156.9/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Jamestown Business College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,797 |
| 25th percentile | $4,111 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $24,953 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,500 |
| Independent students | $11,448 |
A handful of calculated indicators summarize the debt outlook at Jamestown Business College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Jamestown Business College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1256 |
| Total Stafford loan amount | $13,490,691 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.