by our College Data Analytics TeamA large number of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Spring Hill College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does Spring Hill deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see how much school funding could 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. Read on to get a sense of the financial assistance available at Spring Hill College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Spring Hill College, 99% of entering full-time freshmen got some type of financial assistance roughly 212 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $17,448 |
| Institutional grants & scholarships | 97% | $13,611 |
| Federal Pell grants | 34% | $6,245 |
| State/local grants | 29% | $1,957 |
| Federal student loans | 40% | $5,227 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 96% of undergraduates were awarded an average grant or scholarship of $17,778 (across approximately 816 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $17,778 |
| Federal Pell grants | 32% | $6,207 |
| Federal student loans | 44% | $6,416 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $19,487.
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 | $11,750 |
| $30,001 – $75,000 | $15,476 |
| Over $75,000 | $20,099 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $20,449 |
| Off-campus title-IV students | $19,514 |
For an estimate tailored to your family circumstances, see Spring Hill’s net price calculator: www.shc.edu/admissions-aid/tuition-financial-aid/net-price-calculator/.
Graduating students at Spring Hill carry a median federal student debt of $21,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Spring Hill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,500 |
| 75th percentile | $29,000 |
| 90th percentile (highest-debt students) | $40,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $20,000 |
| High income | $23,125 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,362 |
| Continuing-generation students | $23,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Spring Hill.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Spring Hill:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6010 |
| Total Stafford loan amount | $131,585,307 |
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 | 16 |
| Total GI Bill amount | $141,714 |
| Average GI Bill amount per recipient | $8,857 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 63 |
| Total DoD amount | $137,750 |
| Average DoD amount per recipient | $2,187 |
References
More about our data sources and methodologies.