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 price tag of going to Spring Arbor University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Spring Arbor offer, and what will you qualify for? Read on for more information. Keep going to see what amount of financial assistance could be accessible 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 figures below will help you estimate the aid you might receive from Spring Arbor University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Spring Arbor University, 100% of the incoming full-time class was awarded financial aid some 205 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $23,877 |
| Institutional grants & scholarships | 98% | $19,922 |
| Federal Pell grants | 23% | $5,226 |
| State/local grants | 49% | $6,008 |
| Federal student loans | 60% | $5,114 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 84% of undergraduate students received gift aid averaging $20,428 (for some 916 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $20,428 |
| Federal Pell grants | 29% | $5,167 |
| Federal student loans | 55% | $6,963 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $25,350.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,586 |
| $30,001 – $75,000 | $18,733 |
| Over $75,000 | $22,595 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $19,353 |
| Off-campus title-IV students | $20,899 |
To project your own net price, use Spring Arbor’s NPC: www.arbor.edu/admissions/undergraduate/undergraduate-tuition-aid/undergraduate-net-price-calculator/.
The middle student in the debt distribution at Spring Arbor owes $24,724 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $24,724 |
| Median federal debt (graduates only) | $26,375 |
| Typical 10-year monthly payment (graduates) | $279.62/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Spring Arbor.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,000 |
| 75th percentile | $27,518 |
| 90th percentile (highest-debt students) | $34,484 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $25,690 |
| Middle income | $25,000 |
| High income | $22,392 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,000 |
| Continuing-generation students | $22,537 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,301 |
| Independent students | $25,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Spring Arbor.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Spring Arbor:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16992 |
| Total Stafford loan amount | $486,881,258 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 41 |
| Total GI Bill amount | $447,721 |
| Average GI Bill amount per recipient | $10,920 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.