by our College Data Analytics TeamThe majority of students will not be asked to pay 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 price tag of going to Sunstate Academy can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Sunstate Academy FM deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to see 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. Read on to get a sense of the financial assistance available at Sunstate Academy.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Sunstate Academy, 49% of new full-time first-years were awarded at least some aid around 18 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 27% | $4,510 |
| Institutional grants & scholarships | 22% | $153 |
| Federal Pell grants | 27% | $4,242 |
| State/local grants | 0% | — |
| Federal student loans | 27% | $5,941 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Sunstate Academy FM, approximately 51% of the undergraduate population received grant aid that averaged $3,605 (across approximately 192 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $3,605 |
| Federal Pell grants | 36% | $4,625 |
| Federal student loans | 42% | $5,505 |
On-campus students receiving title-IV aid were awarded grants averaging $3,995.
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 | $27,723 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,998 |
| Off-campus title-IV students | $27,723 |
To get a personalized net price estimate, try Sunstate Academy FM’s NPC: nces.ed.gov/ipeds/netpricecalculator/#/.
The median federal debt load at Sunstate Academy FM comes to $6,953 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,953 |
| Median federal debt (graduates only) | $9,024 |
| Typical 10-year monthly payment (graduates) | $95.67/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Sunstate Academy FM.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $4,323 |
| 75th percentile | $9,482 |
| 90th percentile (highest-debt students) | $11,001 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,952 |
| Middle income | $7,667 |
| High income | $6,683 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,213 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,937 |
A handful of calculated indicators summarize the debt outlook at Sunstate Academy FM.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Sunstate Academy FM:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3240 |
| Total Stafford loan amount | $24,253,948 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $14,681 |
| Average GI Bill amount per recipient | $14,681 |
References
More about our data sources and methodologies.