by our College Data Analytics TeamA 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 price tag of going to Townsend Barber Institute can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Townsend Barber Institute offer, and what will you qualify for? Read on for more information. Read on to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Townsend Barber Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Townsend Barber Institute, 45% of first-year full-time students received aid of some kind around 30 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $3,827 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 28% | $3,188 |
| State/local grants | 27% | $1,525 |
| Federal student loans | 24% | $4,610 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Townsend Barber Institute, approximately 34% of undergraduates were awarded grant or scholarship aid averaging $4,464 (among about 23 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $4,464 |
| Federal Pell grants | 28% | $3,188 |
| Federal student loans | 24% | $4,610 |
For students living on campus and receiving title-IV aid, grants averaged $3,827.
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 | $27,667 |
To get a personalized net price estimate, try Townsend Barber Institute’s official net price calculator: townsendbarberinstitute.com/.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Townsend Barber Institute.
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 | $11,331 |
| Average GI Bill amount per recipient | $11,331 |
References
More about our data sources and methodologies.