by our College Data Analytics TeamThe majority 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 price of attendance at Russell Sage College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Russel Sage offer, and what will you qualify for? Read on for more information. Scroll down to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Russell Sage College.
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.
For incoming first-year students at Russell Sage College, 100% of first-time, full-time freshmen received some form of financial aid some 190 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $29,295 |
| Institutional grants & scholarships | 100% | $23,825 |
| Federal Pell grants | 49% | $5,797 |
| State/local grants | 46% | $5,243 |
| Federal student loans | 83% | $5,024 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Russel Sage, some 98% of undergrads got grants or scholarships worth on average $24,874 (among about 1054 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $24,874 |
| Federal Pell grants | 42% | $5,562 |
| Federal student loans | 78% | $6,633 |
For students living on campus and receiving title-IV aid, grants averaged $27,690.
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 | $16,173 |
| $30,001 – $75,000 | $19,339 |
| Over $75,000 | $29,141 |
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 | $22,917 |
| Off-campus title-IV students | $23,027 |
To project your own net price, use Russel Sage’s net price calculator: sage.edu/admission/financial-aid/loan-fee-calculator/.
Graduating students at Russel Sage carry a median federal student debt of $18,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,000 |
| Median federal debt (graduates only) | $22,000 |
| Typical 10-year monthly payment (graduates) | $233.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Russel Sage.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,000 |
| 25th percentile | $10,362 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,313 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,000 |
| Middle income | $19,000 |
| High income | $16,545 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,750 |
| Continuing-generation students | $16,875 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,750 |
| Independent students | $22,000 |
A handful of calculated indicators summarize the debt outlook at Russel Sage.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Russel Sage:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13479 |
| Total Stafford loan amount | $354,899,380 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $224,137 |
| Average GI Bill amount per recipient | $14,942 |
References
More about our data sources and methodologies.