by our College Data Analytics TeamMost students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Longwood University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Longwood offer, and what will you qualify for? Read on for more information. Keep scrolling 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. Use the information below to understand how much financial assistance you may get from Longwood University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Longwood University, 99% of first-time, full-time freshmen received some form of financial aid some 776 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $13,954 |
| Institutional grants & scholarships | 90% | $7,486 |
| Federal Pell grants | 34% | $5,524 |
| State/local grants | 50% | $9,262 |
| Federal student loans | 51% | $5,106 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, about 74% of undergraduates were awarded grant or scholarship aid averaging $13,368 (for some 2400 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $13,368 |
| Federal Pell grants | 28% | $5,464 |
| Federal student loans | 46% | $6,425 |
For on-campus title-IV students, average grant aid came to $15,522.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,041 |
| $30,001 – $75,000 | $17,131 |
| Over $75,000 | $25,143 |
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 | $19,066 |
| Off-campus title-IV students | $20,814 |
For a customized cost estimate, visit Longwood’s net price calculator: www.longwood.edu/fileshare/financialaid/npcalc.htm.
Graduating students at Longwood carry a median federal student debt of $19,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Longwood.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $7,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,000 |
| Middle income | $20,000 |
| High income | $19,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $18,090 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $10,924 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Longwood.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Longwood:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13207 |
| Total Stafford loan amount | $240,507,551 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 95 |
| Total GI Bill amount | $1,019,187 |
| Average GI Bill amount per recipient | $10,728 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $12,598 |
| Average DoD amount per recipient | $4,199 |
References
More about our data sources and methodologies.