by our College Data Analytics TeamA lot of students will not be asked to pay 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 price of attendance at Pillar College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Pillar offer, and what will you qualify for? Keep reading for more information. Scroll down to find out how much school funding will be available 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 Pillar 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 incoming first-year students at Pillar College, 100% of first-year full-time students received aid of some kind approximately 105 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $29,096 |
| Institutional grants & scholarships | 89% | $13,287 |
| Federal Pell grants | 83% | $9,032 |
| State/local grants | 56% | $17,261 |
| Federal student loans | 13% | $6,398 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Pillar, roughly 93% of the undergraduate population received grant aid that averaged $16,739 (across roughly 457 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $16,739 |
| Federal Pell grants | 70% | $5,941 |
| Federal student loans | 42% | $7,767 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $29,577.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,109 |
| $30,001 – $75,000 | $3,538 |
| Over $75,000 | $6,224 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $8,470 |
| Off-campus title-IV students | $5,804 |
For a customized cost estimate, visit Pillar’s net price calculator: pillar.edu/net-price-calculator/.
A typical borrower at Pillar leaves with $17,817 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,817 |
| Median federal debt (graduates only) | $21,483 |
| Typical 10-year monthly payment (graduates) | $227.76/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure 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 Pillar.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,433 |
| 25th percentile | $6,381 |
| 75th percentile | $27,749 |
| 90th percentile (highest-debt students) | $42,268 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,583 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,359 |
| Independent students | $19,000 |
The figure below distills the debt data into a single burden category for Pillar.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Pillar:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1655 |
| Total Stafford loan amount | $41,255,288 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $92,636 |
| Average GI Bill amount per recipient | $15,439 |
References
More about our data sources and methodologies.