by our College Data Analytics TeamThe majority of 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 sum total of attendance at University of Jamestown can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can UJ provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from University of Jamestown.
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. However, some types of aid are more desirable than others, and some students will receive more than others.
At University of Jamestown, 100% of first-time, full-time freshmen received some form of financial aid around 245 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $17,548 |
| Institutional grants & scholarships | 99% | $15,184 |
| Federal Pell grants | 24% | $5,765 |
| State/local grants | 25% | $3,140 |
| Federal student loans | 61% | $5,877 |
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 UJ, about 97% of undergraduate students received gift aid averaging $17,105 (across roughly 932 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $17,105 |
| Federal Pell grants | 26% | $5,718 |
| Federal student loans | 61% | $6,943 |
On-campus students receiving title-IV aid were awarded grants averaging $18,446.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,617 |
| $30,001 – $75,000 | $19,385 |
| Over $75,000 | $21,915 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $19,567 |
| Off-campus title-IV students | $20,318 |
To project your own net price, use UJ’s online cost calculator: uj.studentaidcalculator.com/survey.aspx.
A typical borrower at UJ leaves with $15,897 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,897 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at UJ.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,880 |
| 25th percentile | $6,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,635 |
| Middle income | $19,250 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $19,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,824 |
| Independent students | $15,911 |
These indicators are derived from the underlying debt data and summarize the overall picture at UJ.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at UJ:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4297 |
| Total Stafford loan amount | $72,915,386 |
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 | 9 |
| Total GI Bill amount | $57,940 |
| Average GI Bill amount per recipient | $6,438 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 9 |
| Total DoD amount | $31,250 |
| Average DoD amount per recipient | $3,472 |
References
More about our data sources and methodologies.