by our College Data Analytics TeamA large number of students will never be charged 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 sum total of attendance at Virginia State University can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will Virginia State offer, and what will you qualify for? Read on for more information. Read on to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Virginia State University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Virginia State University, 92% of the incoming full-time class was awarded financial aid approximately 1325 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $12,447 |
| Institutional grants & scholarships | 62% | $3,072 |
| Federal Pell grants | 67% | $6,654 |
| State/local grants | 43% | $7,696 |
| Federal student loans | 88% | $7,450 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 91% of the undergraduate population received grant aid that averaged $15,647 (across approximately 4412 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $15,647 |
| Federal Pell grants | 72% | $5,728 |
| Federal student loans | 76% | $9,791 |
Title-IV recipients living on campus saw average grant aid of $11,821.
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 | $12,756 |
| $30,001 – $75,000 | $15,103 |
| Over $75,000 | $20,792 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $15,840 |
| Off-campus title-IV students | $14,553 |
To get a personalized net price estimate, try Virginia State’s official net price calculator: npc.collegeboard.org/app/vsu.
The middle student in the debt distribution at Virginia State owes $17,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,500 |
| Median federal debt (graduates only) | $26,500 |
| Typical 10-year monthly payment (graduates) | $280.94/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Virginia State.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,675 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $41,017 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,805 |
| Middle income | $17,781 |
| High income | $15,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,500 |
| Continuing-generation students | $17,673 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,500 |
| Independent students | $19,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Virginia State.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Virginia State:
| Metric | Value |
|---|---|
| Stafford loan recipients | 32360 |
| Total Stafford loan amount | $781,385,071 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 147 |
| Total GI Bill amount | $1,058,100 |
| Average GI Bill amount per recipient | $7,198 |
References
More about our data sources and methodologies.