by our College Data Analytics TeamA lot of students are not billed 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 Paine College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Paine College offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Paine College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Paine College, 100% of entering full-time freshmen got some type of financial assistance (about 112 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $12,145 |
| Institutional grants & scholarships | 99% | $3,875 |
| Federal Pell grants | 87% | $5,879 |
| State/local grants | 69% | $2,238 |
| Federal student loans | 86% | $6,943 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 97% of undergraduate students received gift aid averaging $8,437 (covering around 335 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $8,437 |
| Federal Pell grants | 76% | $5,593 |
| Federal student loans | 76% | $7,200 |
For students living on campus and receiving title-IV aid, grants averaged $10,761.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,970 |
| $30,001 – $75,000 | $14,318 |
| Over $75,000 | $18,051 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,670 |
| Off-campus title-IV students | $15,074 |
To project your own net price, use Paine College’s online cost calculator: www.collegeraptor.com/Shopping/School/Paine-College-GA–140720.
The median student at Paine College graduates with $11,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,000 |
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Paine College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,500 |
| 75th percentile | $29,750 |
| 90th percentile (highest-debt students) | $45,500 |
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 | $11,000 |
| Middle income | $11,000 |
| High income | $10,750 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $13,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $16,559 |
The figure below distills the debt data into a single burden category for Paine College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Paine College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6056 |
| Total Stafford loan amount | $123,856,147 |
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 | 7 |
| Total GI Bill amount | $101,371 |
| Average GI Bill amount per recipient | $14,482 |
References
More about our data sources and methodologies.