by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Scripps College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will Scripps provide, and just what are you going to be eligible for? Read on for answers. Keep reading to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Scripps College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Scripps College, 62% of first-time, full-time freshmen received some form of financial aid approximately 170 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $43,168 |
| Institutional grants & scholarships | 56% | $40,875 |
| Federal Pell grants | 12% | $5,623 |
| State/local grants | 7% | $8,958 |
| Federal student loans | 19% | $4,133 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Scripps, approximately 58% of the undergraduate population received grant aid that averaged $40,654 (among about 629 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $40,654 |
| Federal Pell grants | 11% | $5,682 |
| Federal student loans | 17% | $4,771 |
On-campus students receiving title-IV aid were awarded grants averaging $51,270.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,507 |
| $30,001 – $75,000 | $20,157 |
| Over $75,000 | $46,791 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $36,294 |
| Off-campus title-IV students | $38,802 |
For an estimate tailored to your family circumstances, see Scripps’s official net price calculator: npc.collegeboard.org/student/app/scrippscollege.
The middle student in the debt distribution at Scripps owes $11,853 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,853 |
| Median federal debt (graduates only) | $13,500 |
| Typical 10-year monthly payment (graduates) | $143.12/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Scripps.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $7,500 |
| 75th percentile | $15,600 |
| 90th percentile (highest-debt students) | $23,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,901 |
| Middle income | $12,250 |
| High income | $12,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $11,792 |
A handful of calculated indicators summarize the debt outlook at Scripps.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Scripps:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1294 |
| Total Stafford loan amount | $13,652,979 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $140,778 |
| Average GI Bill amount per recipient | $35,195 |
References
More about our data sources and methodologies.