by our College Data Analytics TeamA lot 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 price of attendance at Rob Roy Academy-New Bedford can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Rob Roy Academy-New Bedford offer, and what will you qualify for? Keep scrolling for more information. Keep reading to see just how much financial aid could be open 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 Rob Roy Academy-New Bedford.
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.
Looking at the entering class at Rob Roy Academy-New Bedford, 46% of first-time, full-time freshmen received some form of financial aid around 6 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $5,557 |
| Institutional grants & scholarships | 8% | $500 |
| Federal Pell grants | 38% | $5,177 |
| State/local grants | 0% | — |
| Federal student loans | 46% | $5,625 |
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 Rob Roy Academy-New Bedford, some 27% of undergrads got grants or scholarships worth on average $5,203 (across roughly 8 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 27% | $5,203 |
| Federal Pell grants | 27% | $4,940 |
| Federal student loans | 33% | $5,550 |
On-campus students receiving title-IV aid were awarded grants averaging $4,631.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,168 |
| $30,001 – $75,000 | $25,943 |
| Over $75,000 | $29,073 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $25,805 |
| Off-campus title-IV students | $25,041 |
For a customized cost estimate, visit Rob Roy Academy-New Bedford’s official net price calculator: www.rob-roy.com/netpricecalculator/npcalc.htm.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Rob Roy Academy-New Bedford.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Rob Roy Academy-New Bedford:
| Metric | Value |
|---|---|
| Stafford loan recipients | 276 |
| Total Stafford loan amount | $1,923,427 |
References
More about our data sources and methodologies.