by our College Data Analytics TeamA large number of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Plaza College can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial assistance options will Plaza College offer, and what will you qualify for? Read on for more information. Read on to learn how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Plaza College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Plaza College, 93% of the incoming full-time class was awarded financial aid approximately 210 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $6,665 |
| Institutional grants & scholarships | 10% | $2,113 |
| Federal Pell grants | 93% | $5,497 |
| State/local grants | 49% | $1,772 |
| Federal student loans | 93% | $7,091 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Plaza College, some 98% of undergrads got grants or scholarships worth on average $9,429 (among about 829 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $9,429 |
| Federal Pell grants | 85% | $6,468 |
| Federal student loans | 80% | $8,861 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,665.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,994 |
| $30,001 – $75,000 | $18,543 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,860 |
| Off-campus title-IV students | $18,193 |
For a personalized estimate based on your family’s financial situation, use Plaza College’s online cost calculator: www.plazacollege.edu/tuition-financial-aid/.
The middle student in the debt distribution at Plaza College owes $13,348 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,348 |
| Median federal debt (graduates only) | $20,751 |
| Typical 10-year monthly payment (graduates) | $220.0/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Plaza College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,954 |
| 25th percentile | $4,385 |
| 75th percentile | $15,818 |
| 90th percentile (highest-debt students) | $23,298 |
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 | $12,245 |
| Middle income | $15,578 |
| High income | $18,978 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,220 |
| Continuing-generation students | $23,907 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,580 |
| Independent students | $14,140 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Plaza College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Plaza College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6436 |
| Total Stafford loan amount | $82,230,129 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $157,257 |
| Average GI Bill amount per recipient | $13,105 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.