by our College Data Analytics TeamMany students will never be charged 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 total cost of going to Pensacola State College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Pensacola State provide, and just what are you going to be eligible for? Keep reading for answers. Read on to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Pensacola State College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Pensacola State College, 83% of first-time, full-time freshmen received some form of financial aid approximately 677 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $6,499 |
| Institutional grants & scholarships | 39% | $2,385 |
| Federal Pell grants | 52% | $6,093 |
| State/local grants | 40% | $2,561 |
| Federal student loans | 7% | $4,851 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 58% of undergraduates were awarded an average grant or scholarship of $5,188 (across approximately 4921 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $5,188 |
| Federal Pell grants | 39% | $4,781 |
| Federal student loans | 8% | $6,005 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,937.
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 | $1,986 |
| $30,001 – $75,000 | $7,418 |
| Over $75,000 | $8,041 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $3,957 |
| Off-campus title-IV students | $2,254 |
To get a personalized net price estimate, try Pensacola State’s net price calculator: www.pensacolastate.edu/financialAid/NetPriceCalc/npcalc.htm.
The median student at Pensacola State graduates with $5,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,500 |
| Typical 10-year monthly payment (graduates) | $79.51/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Pensacola State.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,312 |
| 25th percentile | $1,750 |
| 75th percentile | $5,250 |
| 90th percentile (highest-debt students) | $8,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,250 |
| High income | $5,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $6,330 |
These indicators are derived from the underlying debt data and summarize the overall picture at Pensacola State.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Pensacola State:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7924 |
| Total Stafford loan amount | $48,213,957 |
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 | 696 |
| Total GI Bill amount | $1,358,878 |
| Average GI Bill amount per recipient | $1,952 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 94 |
| Total DoD amount | $52,388 |
| Average DoD amount per recipient | $557 |
References
More about our data sources and methodologies.