by our College Data Analytics TeamMany 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 cost of going to Studio Jewelers can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Studio Jewelers offer you, and what will you qualify for? Read on for more information. Keep scrolling to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Studio Jewelers.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Studio Jewelers, 39% of first-time, full-time freshmen received some form of financial aid some 9 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 26% | $3,860 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 26% | $3,860 |
| State/local grants | 0% | — |
| Federal student loans | 39% | $7,403 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 6% of the undergraduate population received grant aid that averaged $4,209 (across approximately 10 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 6% | $4,209 |
| Federal Pell grants | 6% | $4,209 |
| Federal student loans | 8% | $7,684 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $2,573.
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 | $9,590 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $19,698 |
| Off-campus title-IV students | $9,590 |
To project your own net price, use Studio Jewelers’s official net price calculator: www.studiojewelersltd.com/apply/apply.html.
The figure below distills the debt data into a single burden category for Studio Jewelers.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Studio Jewelers:
| Metric | Value |
|---|---|
| Stafford loan recipients | 114 |
| Total Stafford loan amount | $716,142 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $56,625 |
| Average GI Bill amount per recipient | $11,325 |
References
More about our data sources and methodologies.