by our College Data Analytics TeamA lot of students will never be charged 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 sum total of attendance at Stacey James Institute can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Stacey James Institute provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Stacey James Institute.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Stacey James Institute, 57% of new full-time first-years were awarded at least some aid around 44 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 27% | $4,461 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 27% | $4,461 |
| State/local grants | 0% | — |
| Federal student loans | 51% | $5,581 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Stacey James Institute, approximately 27% of undergraduate students received gift aid averaging $4,994 (across roughly 38 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 27% | $4,994 |
| Federal Pell grants | 27% | $4,994 |
| Federal student loans | 47% | $7,155 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $2,113.
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 | $14,828 |
| $30,001 – $75,000 | $16,380 |
| Over $75,000 | $19,725 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $17,042 |
| Off-campus title-IV students | $16,707 |
To get a personalized net price estimate, try Stacey James Institute’s online cost calculator: www.staceyjamesinstitute.com/net-price-calculator/.
A typical borrower at Stacey James Institute leaves with $6,333 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
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 | $6,333 |
| Middle income | $6,333 |
| High income | $3,945 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Stacey James Institute.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Stacey James Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 217 |
| Total Stafford loan amount | $1,563,073 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $82,820 |
| Average GI Bill amount per recipient | $20,705 |
References
More about our data sources and methodologies.