by our College Data Analytics TeamMany 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 total price of attendance at Stevenson University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will Stevenson deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Stevenson University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Stevenson University, 100% of entering full-time freshmen got some type of financial assistance roughly 793 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $31,263 |
| Institutional grants & scholarships | 100% | $25,543 |
| Federal Pell grants | 40% | $6,208 |
| State/local grants | 37% | $8,560 |
| Federal student loans | 81% | $5,574 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, roughly 92% of undergrads got grants or scholarships worth on average $28,843 (for some 2785 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $28,843 |
| Federal Pell grants | 31% | $5,962 |
| Federal student loans | 70% | $6,862 |
Title-IV recipients living on campus saw average grant aid of $31,889.
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 | $20,303 |
| $30,001 – $75,000 | $25,452 |
| Over $75,000 | $31,964 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,505 |
| Off-campus title-IV students | $26,806 |
For a personalized estimate based on your family’s financial situation, use Stevenson’s NPC: www.stevenson.edu/admissions-aid/scholarships-financial-aid/net-price-calculator/.
The median federal debt load at Stevenson comes to $21,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,500 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/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 four reference points below map the debt distribution at Stevenson.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,375 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,029 |
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 | $20,500 |
| Middle income | $21,500 |
| High income | $22,400 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,181 |
| Continuing-generation students | $21,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,250 |
| Independent students | $19,275 |
These indicators are derived from the underlying debt data and summarize the overall picture at Stevenson.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Stevenson:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12770 |
| Total Stafford loan amount | $277,003,228 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 68 |
| Total GI Bill amount | $1,624,469 |
| Average GI Bill amount per recipient | $23,889 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $10,500 |
| Average DoD amount per recipient | $1,750 |
References
More about our data sources and methodologies.