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The Ailey School Financial Aid Details

43% Freshmen Get Financial Aid
$6,552 Average Grant & Scholarship
55% Undergrads Get Grant Aid

A large number of students will not be asked to pay 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 cost of going to The Ailey School can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financial assistance solutions will The Ailey School provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.

Why You Should Understand The Ailey School Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from The Ailey School.

Average Freshman Financial Aid at The Ailey School

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. 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 The Ailey School, 43% of the incoming full-time class was awarded financial aid approximately 9 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)43%$6,113
Institutional grants & scholarships43%$3,619
Federal Pell grants19%$4,808
State/local grants0%
Federal student loans24%$5,147

Scholarship and Grant Awards at The Ailey School

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 The Ailey School, some 55% of undergrads got grants or scholarships worth on average $6,552 (among about 48 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)55%$6,552
Federal Pell grants24%$5,031
Federal student loans36%$5,923

On-campus students receiving title-IV aid were awarded grants averaging $6,113.

Income-Adjusted Net Price at The Ailey School

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

Family IncomeAverage Net Price
$0 – $48,000$25,701
$30,001 – $75,000$29,326
Over $75,000$33,242

Remember these are net prices — what families pay after gift aid, not before.

What Students Actually Pay at The Ailey School

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$35,855
Off-campus title-IV students$31,130

For a personalized estimate based on your family’s financial situation, use The Ailey School’s NPC: ailey.org/training/consumer-information.

What Students Owe at The Ailey School

The median student at The Ailey School graduates with $13,399 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$13,399
Median federal debt (graduates only)$17,500
Typical 10-year monthly payment (graduates)$185.53/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Where Student Debt Falls

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at The Ailey School.

PercentileCumulative Federal Debt
25th percentile$5,500
75th percentile$16,000

Debt Burden Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. The Ailey School.

Stafford Loan Activity at The Ailey School

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at The Ailey School:

MetricValue
Stafford loan recipients394
Total Stafford loan amount$4,996,295

References

More about our data sources and methodologies.

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