by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Sumner College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Sumner College provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see how much school funding could be available 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 information provided on this page can help you determine how much aid you may receive from Sumner College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Sumner College, 73% of new full-time first-years were awarded at least some aid roughly 43 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $5,058 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 39% | $4,888 |
| State/local grants | 0% | — |
| Federal student loans | 69% | $10,918 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Sumner College, around 39% of undergraduate students received gift aid averaging $5,464 (for some 305 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $5,464 |
| Federal Pell grants | 33% | $5,521 |
| Federal student loans | 64% | $9,738 |
For students living on campus and receiving title-IV aid, grants averaged $3,086.
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 | $27,666 |
| $30,001 – $75,000 | $28,110 |
| Over $75,000 | $30,324 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $29,411 |
| Off-campus title-IV students | $28,309 |
To project your own net price, use Sumner College’s net price calculator: sumnercollege.edu/npcalc/npcalc.htm.
Graduating students at Sumner College carry a median federal student debt of $16,129 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,129 |
| Median federal debt (graduates only) | $16,500 |
| Typical 10-year monthly payment (graduates) | $174.93/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Sumner College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $6,334 |
| 25th percentile | $9,834 |
| 75th percentile | $25,271 |
| 90th percentile (highest-debt students) | $31,166 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,787 |
| Middle income | $16,500 |
| High income | $16,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,481 |
| Continuing-generation students | $15,787 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $16,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Sumner College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Sumner College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2646 |
| Total Stafford loan amount | $37,201,609 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 22 |
| Total GI Bill amount | $401,542 |
| Average GI Bill amount per recipient | $18,252 |
References
More about our data sources and methodologies.