A lot of students will not be asked to pay 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 Tusculum University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financing solutions does Tusculum provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Tusculum University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can 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 Tusculum University, 100% of new full-time first-years were awarded at least some aid (about 219 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $23,759 |
| Institutional grants & scholarships | 94% | $17,306 |
| Federal Pell grants | 46% | $6,245 |
| State/local grants | 47% | $6,373 |
| Federal student loans | 53% | $5,134 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, approximately 94% of undergraduates were awarded an average grant or scholarship of $18,503 (for some 962 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $18,503 |
| Federal Pell grants | 46% | $5,417 |
| Federal student loans | 53% | $6,730 |
On-campus students receiving title-IV aid were awarded grants averaging $22,645.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,577 |
| $30,001 – $75,000 | $19,937 |
| Over $75,000 | $26,845 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,131 |
| Off-campus title-IV students | $22,874 |
For an estimate tailored to your family circumstances, see Tusculum’s NPC: site.tusculum.edu/financial-aid/initial-cost/np-calculator/.
A typical borrower at Tusculum leaves with $14,250 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,250 |
| Median federal debt (graduates only) | $23,250 |
| Typical 10-year monthly payment (graduates) | $246.49/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Tusculum.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,694 |
| 25th percentile | $7,475 |
| 75th percentile | $28,710 |
| 90th percentile (highest-debt students) | $41,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,688 |
| Middle income | $15,968 |
| High income | $13,666 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,626 |
| Continuing-generation students | $13,100 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $19,572 |
The figure below distills the debt data into a single burden category for Tusculum.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Tusculum:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9921 |
| Total Stafford loan amount | $232,573,087 |
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 | 21 |
| Total GI Bill amount | $296,408 |
| Average GI Bill amount per recipient | $14,115 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.