by our College Data Analytics TeamA lot of students are not billed 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 price tag of going to Pfeiffer University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will Pfeiffer University provide, and just what are you going to be eligible for? Read on for answers. Keep reading to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Pfeiffer University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Pfeiffer University, 100% of new full-time first-years were awarded at least some aid roughly 195 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $25,951 |
| Institutional grants & scholarships | 100% | $19,783 |
| Federal Pell grants | 49% | $5,556 |
| State/local grants | 51% | $6,480 |
| Federal student loans | 73% | $5,311 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, about 97% of undergrads got grants or scholarships worth on average $26,152 (across approximately 634 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $26,152 |
| Federal Pell grants | 51% | $5,392 |
| Federal student loans | 70% | $6,298 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $26,466.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,562 |
| $30,001 – $75,000 | $21,723 |
| Over $75,000 | $25,137 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $19,076 |
| Off-campus title-IV students | $21,953 |
For a personalized estimate based on your family’s financial situation, use Pfeiffer University’s online cost calculator: www.pfeiffer.edu/admissions/financial-aid.
Graduating students at Pfeiffer University carry a median federal student debt of $15,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,500 |
| Median federal debt (graduates only) | $26,163 |
| Typical 10-year monthly payment (graduates) | $277.37/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Pfeiffer University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,250 |
| 25th percentile | $7,167 |
| 75th percentile | $25,240 |
| 90th percentile (highest-debt students) | $32,084 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,750 |
| Middle income | $15,500 |
| High income | $17,750 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,900 |
| Continuing-generation students | $19,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,375 |
| Independent students | $22,328 |
A handful of calculated indicators summarize the debt outlook at Pfeiffer University.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Pfeiffer University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8165 |
| Total Stafford loan amount | $194,313,751 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $273,342 |
| Average GI Bill amount per recipient | $22,779 |
References
More about our data sources and methodologies.