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Tabor College Financial Aid Details

100% Freshmen Get Financial Aid
$28,131 Average Grant & Scholarship
91% Undergrads Get Grant Aid

A lot of students will never be charged 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 price tag of going to Tabor College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

What financing options does Tabor offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to see what amount of financial assistance could be accessible to you.

Understanding Tabor Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Tabor College.

What First Years Receive at Tabor College

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Among first-time, full-time freshmen at Tabor College, 100% of the incoming full-time class was awarded financial aid (about 129 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$29,669
Institutional grants & scholarships100%$26,072
Federal Pell grants40%$5,426
State/local grants34%$3,417
Federal student loans62%$5,292

Scholarship and Grant Awards at Tabor College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Tabor, about 91% of undergrads got grants or scholarships worth on average $28,131 (covering around 529 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)91%$28,131
Federal Pell grants38%$5,498
Federal student loans59%$6,435

For on-campus title-IV students, average grant aid came to $30,145.

Aid by Income Level at Tabor College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$17,795
$30,001 – $75,000$19,620
Over $75,000$21,312

The numbers above are post-aid net prices, so they already account for grants and scholarships.

What a Degree Really Costs at Tabor College

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.

CohortAverage Net Price
On-campus title-IV students$20,205
Off-campus title-IV students$19,868

For a personalized estimate based on your family’s financial situation, use Tabor’s online cost calculator: tabor.edu/wp-content/npcalc/npcalc.htm.

What Students Owe at Tabor College

The median student at Tabor graduates with $14,000 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$14,000
Median federal debt (graduates only)$23,887
Typical 10-year monthly payment (graduates)$253.24/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

Debt Spread by Percentile

A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Tabor.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,500
25th percentile$6,334
75th percentile$24,750
90th percentile (highest-debt students)$31,834

Debt by Student Cohort at Tabor College

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$12,000
Middle income$15,000
High income$15,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$12,250
Continuing-generation students$17,125

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$13,500
Independent students$20,817

Summary Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Tabor.

Federal Student Loans at Tabor 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 Tabor:

MetricValue
Stafford loan recipients3612
Total Stafford loan amount$56,503,883

Military and Veterans Aid at Tabor College

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients0
Total GI Bill amount$0

More Financial Aid Resources from Tabor College

References

More about our data sources and methodologies.

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