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Thiel College Financial Aid Details

100% Freshmen Get Financial Aid
$29,340 Average Grant & Scholarship
95% Undergrads Get Grant Aid

The majority of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Thiel College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

Just what financing solutions does Thiel College provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out how much school funding will be available to you.

Why You Should Understand Thiel College Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Thiel College.

Freshman Financial Aid at Thiel 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. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Thiel College, 100% of first-time, full-time freshmen received some form of financial aid approximately 219 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$30,356
Institutional grants & scholarships100%$25,262
Federal Pell grants45%$5,317
State/local grants48%$5,424
Federal student loans78%$5,622

Free Money: Grants and Scholarships at Thiel College

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Thiel College, around 95% of the undergraduate population received grant aid that averaged $29,340 (for some 776 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)95%$29,340
Federal Pell grants41%$5,375
Federal student loans79%$6,598

On-campus students receiving title-IV aid were awarded grants averaging $30,855.

Income-Adjusted Net Price at Thiel College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$19,754
$30,001 – $75,000$20,947
Over $75,000$25,229

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What a Degree Really Costs at Thiel 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$22,347
Off-campus title-IV students$22,746

To project your own net price, use Thiel College’s NPC: npc.collegeboard.org/app/thiel.

Median Student Debt for Graduates of Thiel College

The middle student in the debt distribution at Thiel College owes $18,250 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$18,250
Median federal debt (graduates only)$27,000
Typical 10-year monthly payment (graduates)$286.24/mo

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

Debt Spread by Percentile

The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Thiel College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,750
25th percentile$8,250
75th percentile$30,500
90th percentile (highest-debt students)$41,250

Median Debt by Student Group at Thiel 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$12,750
Middle income$14,125
High income$21,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$15,624
Continuing-generation students$21,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$18,375
Independent students$9,500

Debt Burden Indicators

A handful of calculated indicators summarize the debt outlook at Thiel College.

Federal Stafford Lending at Thiel College

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Thiel College:

MetricValue
Stafford loan recipients5843
Total Stafford loan amount$105,348,593

GI Bill and DoD Benefits at Thiel 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 recipients1
Total GI Bill amount$11,538
Average GI Bill amount per recipient$11,538

References

More about our data sources and methodologies.

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