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 Stonehill College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Stonehill offer, and what will you qualify for? Read on for more information. Keep reading to discover 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Stonehill College.
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.
For freshmen starting at Stonehill College, 100% of entering full-time freshmen got some type of financial assistance some 634 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $39,344 |
| Institutional grants & scholarships | 100% | $37,717 |
| Federal Pell grants | 20% | $5,344 |
| State/local grants | 12% | $3,491 |
| Federal student loans | 71% | $5,425 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 97% of undergrads got grants or scholarships worth on average $35,999 (among about 2466 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $35,999 |
| Federal Pell grants | 17% | $5,266 |
| Federal student loans | 62% | $6,213 |
Title-IV recipients living on campus saw average grant aid of $39,698.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,550 |
| $30,001 – $75,000 | $19,292 |
| Over $75,000 | $33,351 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $33,016 |
| Off-campus title-IV students | $29,969 |
To get a personalized net price estimate, try Stonehill’s online cost calculator: www.stonehill.edu/offices-and-services/financial-aid/undergraduate-students/cost-of-attendance/net-price-calculator/.
Graduating students at Stonehill carry a median federal student debt of $23,472 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,472 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/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. Use the percentiles below to see the debt range at Stonehill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $16,588 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $27,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $24,648 |
| Middle income | $22,611 |
| High income | $23,251 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,861 |
| Continuing-generation students | $23,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Stonehill.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Stonehill:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7428 |
| Total Stafford loan amount | $109,631,224 |
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 | 9 |
| Total GI Bill amount | $218,473 |
| Average GI Bill amount per recipient | $24,275 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.