by our College Data Analytics TeamMost students will never be charged 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 price tag of going to Randolph College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can Randolph offer, and what will you qualify for? Keep reading for more information. Keep scrolling to find out 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Randolph College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Randolph College, 100% of first-time, full-time freshmen received some form of financial aid (about 200 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $23,372 |
| Institutional grants & scholarships | 100% | $16,567 |
| Federal Pell grants | 48% | $6,010 |
| State/local grants | 92% | $3,772 |
| Federal student loans | 60% | $5,096 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 96% of undergraduates were awarded grant or scholarship aid averaging $24,338 (among about 521 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $24,338 |
| Federal Pell grants | 46% | $5,976 |
| Federal student loans | 67% | $6,673 |
For students living on campus and receiving title-IV aid, grants averaged $29,119.
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 | $16,875 |
| $30,001 – $75,000 | $17,322 |
| Over $75,000 | $20,228 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,921 |
| Off-campus title-IV students | $18,436 |
For a personalized estimate based on your family’s financial situation, use Randolph’s net price tool: www.randolphcollege.edu/financialaid/net-price-calculator/.
The median student at Randolph graduates with $17,455 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,455 |
| Median federal debt (graduates only) | $26,950 |
| Typical 10-year monthly payment (graduates) | $285.71/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Randolph.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $5,750 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $34,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,979 |
| Middle income | $18,767 |
| High income | $17,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,750 |
| Continuing-generation students | $18,625 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,445 |
| Independent students | $18,125 |
The figure below distills the debt data into a single burden category for Randolph.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Randolph:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2833 |
| Total Stafford loan amount | $49,617,289 |
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.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $301,853 |
| Average GI Bill amount per recipient | $18,866 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.