by our College Data Analytics TeamMany students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Roberto-Venn School of Luthiery can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Roberto-Venn School of Luthiery deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to learn just how much financial aid will 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. The information provided on this page can help you determine how much aid you may receive from Roberto-Venn School of Luthiery.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Roberto-Venn School of Luthiery, 52% of first-time, full-time freshmen received some form of financial aid approximately 11 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 24% | $5,688 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 24% | $5,688 |
| State/local grants | 0% | — |
| Federal student loans | 43% | $8,146 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Roberto-Venn School of Luthiery, around 17% of the undergraduate population received grant aid that averaged $4,890 (for some 8 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 17% | $4,890 |
| Federal Pell grants | 17% | $4,890 |
| Federal student loans | 26% | $7,936 |
Title-IV recipients living on campus saw average grant aid of $3,160.
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 | $25,894 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $24,680 |
| Off-campus title-IV students | $25,894 |
For an estimate tailored to your family circumstances, see Roberto-Venn School of Luthiery’s net price tool: roberto-venn.com/guitar-making-repair-program/net-price-calculator/.
Graduating students at Roberto-Venn School of Luthiery carry a median federal student debt of $7,307 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,307 |
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Roberto-Venn School of Luthiery.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,230 |
| 75th percentile | $7,307 |
The figure below distills the debt data into a single burden category for Roberto-Venn School of Luthiery.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Roberto-Venn School of Luthiery:
| Metric | Value |
|---|---|
| Stafford loan recipients | 380 |
| Total Stafford loan amount | $2,112,745 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $47,217 |
| Average GI Bill amount per recipient | $6,745 |
References
More about our data sources and methodologies.