by our College Data Analytics TeamA lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Verve College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does Verve College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Verve College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 93% of undergraduates were awarded grant or scholarship aid averaging $2,751 (among about 358 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $2,751 |
| Federal Pell grants | 88% | $2,500 |
| Federal student loans | 96% | $3,784 |
The median student at Verve College graduates with $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,600 |
| Typical 10-year monthly payment (graduates) | $122.98/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Verve College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $11,600 |
| 90th percentile (highest-debt students) | $11,600 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,838 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $4,942 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Verve College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Verve College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1151 |
| Total Stafford loan amount | $9,628,340 |
References
More about our data sources and methodologies.