by our College Data Analytics TeamMost students will never be charged 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 price tag of going to Oglethorpe University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Oglethorpe provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out 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 Oglethorpe University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Oglethorpe University, 100% of first-time, full-time freshmen received some form of financial aid (about 390 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $39,054 |
| Institutional grants & scholarships | 99% | $32,484 |
| Federal Pell grants | 42% | $6,461 |
| State/local grants | 68% | $5,649 |
| Federal student loans | 75% | $5,842 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, about 98% of undergraduates were awarded grant or scholarship aid averaging $36,326 (across roughly 1471 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $36,326 |
| Federal Pell grants | 36% | $5,916 |
| Federal student loans | 68% | $6,795 |
For on-campus title-IV students, average grant aid came to $41,072.
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 | $17,829 |
| $30,001 – $75,000 | $19,383 |
| Over $75,000 | $24,485 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $19,509 |
| Off-campus title-IV students | $21,735 |
To get a personalized net price estimate, try Oglethorpe’s NPC: oglethorpe.edu/costcalculator/.
The median federal debt load at Oglethorpe comes to $14,750 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,750 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/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 percentiles below describe the cumulative federal debt distribution for borrowers at Oglethorpe.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,560 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $37,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,250 |
| Middle income | $14,951 |
| High income | $12,375 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,750 |
| Continuing-generation students | $13,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,250 |
| Independent students | $20,072 |
A handful of calculated indicators summarize the debt outlook at Oglethorpe.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Oglethorpe:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4717 |
| Total Stafford loan amount | $90,132,318 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 14 |
| Total GI Bill amount | $340,449 |
| Average GI Bill amount per recipient | $24,318 |
References
More about our data sources and methodologies.