by our College Data Analytics TeamThe majority of 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 total cost of going to Limestone University can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Limestone College offer you, and what will you qualify for? Keep reading for more information. Keep reading to see just how much financial aid could be open 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 Limestone University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Limestone University, 99% of new full-time first-years were awarded at least some aid some 323 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $21,504 |
| Institutional grants & scholarships | 96% | $14,990 |
| Federal Pell grants | 45% | $5,904 |
| State/local grants | 50% | $6,882 |
| Federal student loans | 65% | $5,674 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, approximately 89% of undergraduates were awarded an average grant or scholarship of $16,943 (across approximately 1425 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $16,943 |
| Federal Pell grants | 43% | $5,741 |
| Federal student loans | 68% | $9,960 |
On-campus students receiving title-IV aid were awarded grants averaging $21,083.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,826 |
| $30,001 – $75,000 | $19,817 |
| Over $75,000 | $23,302 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $19,588 |
| Off-campus title-IV students | $20,415 |
For a customized cost estimate, visit Limestone College’s NPC: www.limestone.edu/admissions-aid/net-price-calculator.
The median student at Limestone College graduates with $18,750 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,750 |
| Median federal debt (graduates only) | $27,639 |
| Typical 10-year monthly payment (graduates) | $293.02/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Limestone College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,789 |
| 25th percentile | $6,250 |
| 75th percentile | $27,712 |
| 90th percentile (highest-debt students) | $38,750 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $20,000 |
| Middle income | $18,750 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,750 |
| Continuing-generation students | $17,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $22,803 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Limestone College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Limestone College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14353 |
| Total Stafford loan amount | $348,269,016 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 54 |
| Total GI Bill amount | $496,639 |
| Average GI Bill amount per recipient | $9,197 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 81 |
| Total DoD amount | $216,014 |
| Average DoD amount per recipient | $2,667 |
References
More about our data sources and methodologies.