by our College Data Analytics TeamA large number of 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 price tag of going to Mitchell College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Mitchell College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Mitchell College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Mitchell College, 100% of new full-time first-years were awarded at least some aid approximately 83 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,223 |
| Institutional grants & scholarships | 100% | $18,662 |
| Federal Pell grants | 61% | $5,298 |
| State/local grants | 41% | $4,761 |
| Federal student loans | 77% | $5,279 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Mitchell College, about 83% of undergrads got grants or scholarships worth on average $22,812 (covering around 415 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $22,812 |
| Federal Pell grants | 38% | $5,281 |
| Federal student loans | 59% | $6,553 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $25,361.
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 | $28,325 |
| $30,001 – $75,000 | $28,592 |
| Over $75,000 | $34,392 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $30,260 |
| Off-campus title-IV students | $30,841 |
To project your own net price, use Mitchell College’s official net price calculator: npc.collegeboard.org/app/mitchell.
The median federal debt load at Mitchell College comes to $15,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $25,150 |
| Typical 10-year monthly payment (graduates) | $266.63/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Mitchell College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $6,526 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $33,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,295 |
| Middle income | $14,441 |
| High income | $17,800 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,250 |
| Continuing-generation students | $14,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,125 |
| Independent students | $19,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Mitchell College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Mitchell College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3562 |
| Total Stafford loan amount | $56,186,168 |
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 | 11 |
| Total GI Bill amount | $320,602 |
| Average GI Bill amount per recipient | $29,146 |
References
More about our data sources and methodologies.