by our College Data Analytics TeamMany 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 total price of attendance at Paul Smiths College of Arts and Science can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Paul Smith’s College offer you, and what will you qualify for? Keep reading for more information. Keep reading to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Paul Smiths College of Arts and Science.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Paul Smiths College of Arts and Science, 100% of the incoming full-time class was awarded financial aid around 135 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $22,973 |
| Institutional grants & scholarships | 100% | $19,648 |
| Federal Pell grants | 33% | $5,159 |
| State/local grants | 26% | $4,409 |
| Federal student loans | 73% | $7,452 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Paul Smith’s College, approximately 99% of undergraduate students received gift aid averaging $24,886 (across approximately 579 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $24,886 |
| Federal Pell grants | 36% | $5,118 |
| Federal student loans | 72% | $6,054 |
Title-IV recipients living on campus saw average grant aid of $24,823.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,167 |
| $30,001 – $75,000 | $20,667 |
| Over $75,000 | $27,949 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $26,683 |
| Off-campus title-IV students | $24,583 |
For an estimate tailored to your family circumstances, see Paul Smith’s College’s official net price calculator: www.paulsmiths.edu/cost-aid/tuition-fees/net-price-calculator/.
Graduating students at Paul Smith’s College carry a median federal student debt of $17,062 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,062 |
| Median federal debt (graduates only) | $22,750 |
| Typical 10-year monthly payment (graduates) | $241.19/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Paul Smith’s College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $8,250 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $29,750 |
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 | $13,581 |
| Middle income | $17,281 |
| High income | $18,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,250 |
| Continuing-generation students | $16,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,575 |
| Independent students | $22,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Paul Smith’s College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Paul Smith’s College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4564 |
| Total Stafford loan amount | $65,320,330 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $350,155 |
| Average GI Bill amount per recipient | $20,597 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.