by our College Data Analytics TeamMost students will not be asked to pay 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 sum total of attendance at Sessions College for Professional Design can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Sessions College deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Sessions College for Professional Design.
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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Sessions College for Professional Design, 86% of entering full-time freshmen got some type of financial assistance roughly 6 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $5,359 |
| Institutional grants & scholarships | 14% | $150 |
| Federal Pell grants | 86% | $3,698 |
| State/local grants | 14% | $9,816 |
| Federal student loans | 71% | $8,299 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, roughly 52% of undergraduate students received gift aid averaging $5,158 (across roughly 80 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $5,158 |
| Federal Pell grants | 49% | $5,211 |
| Federal student loans | 51% | $9,578 |
Title-IV recipients living on campus saw average grant aid of $5,334.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,381 |
| $30,001 – $75,000 | $15,104 |
| Over $75,000 | $21,244 |
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 | $15,149 |
| Off-campus title-IV students | $15,156 |
For an estimate tailored to your family circumstances, see Sessions College’s official net price calculator: www.sessions.edu/financial-aid/consumer-information/npc/npcalc.htm.
The median federal debt load at Sessions College comes to $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $17,813 |
| Typical 10-year monthly payment (graduates) | $188.85/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Sessions College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,471 |
| 25th percentile | $4,750 |
| 75th percentile | $12,250 |
| 90th percentile (highest-debt students) | $23,720 |
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 | $9,500 |
| Middle income | $13,250 |
| High income | $16,365 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,875 |
| Independent students | $11,346 |
These indicators are derived from the underlying debt data and summarize the overall picture at Sessions College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Sessions College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 691 |
| Total Stafford loan amount | $8,920,972 |
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 | 19 |
| Total GI Bill amount | $159,442 |
| Average GI Bill amount per recipient | $8,392 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $4,500 |
| Average DoD amount per recipient | $2,250 |
References
More about our data sources and methodologies.