by our College Data Analytics TeamThe majority of students are not billed 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 total price of attendance at St Philip’s College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will St Philip’s College deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from St Philip’s College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at St Philip’s College, 92% of entering full-time freshmen got some type of financial assistance roughly 541 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $7,208 |
| Institutional grants & scholarships | 28% | $1,287 |
| Federal Pell grants | 70% | $6,000 |
| State/local grants | 61% | $3,015 |
| Federal student loans | 2% | $4,408 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At St Philip’s College, roughly 33% of undergraduate students received gift aid averaging $4,777 (across roughly 4667 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $4,777 |
| Federal Pell grants | 22% | $4,600 |
| Federal student loans | 3% | $6,330 |
For on-campus title-IV students, average grant aid came to $7,712.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,352 |
| $30,001 – $75,000 | $5,818 |
| Over $75,000 | $9,943 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $4,273 |
| Off-campus title-IV students | $4,873 |
For a personalized estimate based on your family’s financial situation, use St Philip’s College’s net price tool: www.alamo.edu/nvc/experience-nvc/current-students/financial-literacy/.
The middle student in the debt distribution at St Philip’s College owes $7,250 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,250 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at St Philip’s College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,500 |
| 75th percentile | $14,250 |
| 90th percentile (highest-debt students) | $25,250 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,000 |
| Middle income | $7,890 |
| High income | $4,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,251 |
| Continuing-generation students | $6,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for St Philip’s College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at St Philip’s College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10474 |
| Total Stafford loan amount | $129,894,388 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 969 |
| Total GI Bill amount | $2,069,670 |
| Average GI Bill amount per recipient | $2,136 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 232 |
| Total DoD amount | $131,536 |
| Average DoD amount per recipient | $567 |
References
More about our data sources and methodologies.