by our College Data Analytics TeamThe majority of students are not billed 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 price of attendance at Protege Academy can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Protege Academy provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Protege Academy.
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 Protege Academy, 88% of first-time, full-time freshmen received some form of financial aid roughly 35 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $4,587 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 70% | $4,587 |
| State/local grants | 0% | — |
| Federal student loans | 78% | $5,940 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Protege Academy, about 62% of the undergraduate population received grant aid that averaged $5,082 (across approximately 72 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $5,082 |
| Federal Pell grants | 62% | $5,082 |
| Federal student loans | 64% | $7,173 |
On-campus students receiving title-IV aid were awarded grants averaging $3,985.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,818 |
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 | $12,179 |
| Off-campus title-IV students | $11,818 |
To get a personalized net price estimate, try Protege Academy’s online cost calculator: www.protegeacademy.com/themes/protege/calculator/npcalc.htm.
The median student at Protege Academy graduates with $9,833 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,833 |
| Median federal debt (graduates only) | $9,833 |
| Typical 10-year monthly payment (graduates) | $104.25/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. The percentiles below describe the cumulative federal debt distribution for borrowers at Protege Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,091 |
| 25th percentile | $5,500 |
| 75th percentile | $14,481 |
| 90th percentile (highest-debt students) | $16,442 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,473 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $8,753 |
The figure below distills the debt data into a single burden category for Protege Academy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Protege Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 667 |
| Total Stafford loan amount | $6,537,160 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.