by our College Data Analytics TeamA large number of students are not billed 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 sum total of attendance at Voorhees University can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Voorhees College provide, and just what are you going to be eligible for? Read on for answers. Keep reading to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Voorhees University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Voorhees University, 100% of new full-time first-years were awarded at least some aid some 103 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $12,239 |
| Institutional grants & scholarships | 43% | $6,627 |
| Federal Pell grants | 83% | $6,946 |
| State/local grants | 25% | $4,105 |
| Federal student loans | 50% | $4,886 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Voorhees College, some 93% of the undergraduate population received grant aid that averaged $12,711 (for some 427 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $12,711 |
| Federal Pell grants | 77% | $6,388 |
| Federal student loans | 56% | $5,726 |
Title-IV recipients living on campus saw average grant aid of $12,239.
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 | $14,770 |
| $30,001 – $75,000 | $15,293 |
| Over $75,000 | $20,807 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $13,335 |
| Off-campus title-IV students | $15,411 |
To project your own net price, use Voorhees College’s net price calculator: voorhees.edu/vunetprice/images/201920finaidnetpricecalc.html.
The median student at Voorhees College graduates with $15,245 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,245 |
| Median federal debt (graduates only) | $26,700 |
| Typical 10-year monthly payment (graduates) | $283.06/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Voorhees College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,325 |
| 25th percentile | $5,500 |
| 75th percentile | $28,388 |
| 90th percentile (highest-debt students) | $39,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,937 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,300 |
| Independent students | $17,802 |
These indicators are derived from the underlying debt data and summarize the overall picture at Voorhees College.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Voorhees College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5638 |
| Total Stafford loan amount | $102,676,766 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $8,712 |
| Average GI Bill amount per recipient | $8,712 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.