by our College Data Analytics TeamA lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Johnson College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Johnson College provide, and just what are you going to be eligible for? Read on for answers. Read on to find out 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Johnson College.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Johnson College, 95% of first-time, full-time freshmen received some form of financial aid around 208 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $9,515 |
| Institutional grants & scholarships | 25% | $4,037 |
| Federal Pell grants | 60% | $5,402 |
| State/local grants | 60% | $4,379 |
| Federal student loans | 93% | $4,420 |
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 Johnson College, some 66% of undergraduates were awarded an average grant or scholarship of $8,720 (across approximately 408 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $8,720 |
| Federal Pell grants | 49% | $5,189 |
| Federal student loans | 78% | $5,306 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,400.
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 | $18,660 |
| $30,001 – $75,000 | $20,412 |
| Over $75,000 | $22,581 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $19,954 |
| Off-campus title-IV students | $19,826 |
For a customized cost estimate, visit Johnson College’s NPC: www.johnson.edu/net-price-calculator/.
The median student at Johnson College graduates with $12,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Johnson College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,311 |
| 25th percentile | $5,500 |
| 75th percentile | $15,000 |
| 90th percentile (highest-debt students) | $20,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $17,000 |
The figure below distills the debt data into a single burden category for Johnson College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Johnson College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2818 |
| Total Stafford loan amount | $30,849,493 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 26 |
| Total GI Bill amount | $414,964 |
| Average GI Bill amount per recipient | $15,960 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $4,500 |
| Average DoD amount per recipient | $2,250 |
References
More about our data sources and methodologies.