by our College Data Analytics TeamMany students are not billed 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 price of attendance at Mary Baldwin University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financing options does Mary Baldwin offer, and what will you qualify for? Keep scrolling for more information. Read on 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. The figures below will help you estimate the aid you might receive from Mary Baldwin University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Mary Baldwin University, 99% of first-time, full-time freshmen received some form of financial aid (about 296 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $28,135 |
| Institutional grants & scholarships | 94% | $22,186 |
| Federal Pell grants | 56% | $5,858 |
| State/local grants | 94% | $3,762 |
| Federal student loans | 63% | $5,205 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Mary Baldwin, approximately 95% of undergraduates were awarded grant or scholarship aid averaging $23,791 (covering around 1091 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $23,791 |
| Federal Pell grants | 55% | $5,671 |
| Federal student loans | 71% | $6,428 |
For on-campus title-IV students, average grant aid came to $33,179.
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 | $15,585 |
| $30,001 – $75,000 | $15,728 |
| Over $75,000 | $22,528 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,756 |
| Off-campus title-IV students | $17,833 |
For a personalized estimate based on your family’s financial situation, use Mary Baldwin’s NPC: marybaldwin.edu/financial-aid/net-price-calculator/.
A typical borrower at Mary Baldwin leaves with $12,250 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,250 |
| Median federal debt (graduates only) | $26,586 |
| Typical 10-year monthly payment (graduates) | $281.86/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Mary Baldwin.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,683 |
| 25th percentile | $7,781 |
| 75th percentile | $29,250 |
| 90th percentile (highest-debt students) | $41,442 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,950 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,100 |
| Continuing-generation students | $12,875 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,250 |
| Independent students | $19,300 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Mary Baldwin.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Mary Baldwin:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9366 |
| Total Stafford loan amount | $242,470,223 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 39 |
| Total GI Bill amount | $870,141 |
| Average GI Bill amount per recipient | $22,311 |
References
More about our data sources and methodologies.