by our College Data Analytics TeamMost students are not billed 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 total cost of going to Webb Institute can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Webb Institute deliver, and just what are you going to be eligible for? Read on for answers. Read on to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Webb Institute.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Webb Institute, 100% of new full-time first-years were awarded at least some aid around 27 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $59,984 |
| Institutional grants & scholarships | 100% | $59,480 |
| Federal Pell grants | 7% | $5,470 |
| State/local grants | 0% | — |
| Federal student loans | 26% | $5,500 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Webb Institute, around 100% of undergraduates were awarded grant or scholarship aid averaging $60,146 (for some 105 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $60,146 |
| Federal Pell grants | 9% | $6,106 |
| Federal student loans | 21% | $5,694 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,907.
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 |
|---|---|
| Over $75,000 | $19,077 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $73,043 |
| Off-campus title-IV students | $19,077 |
To project your own net price, use Webb Institute’s official net price calculator: nces.ed.gov/ipeds/netpricecalculator/.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Webb Institute.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Webb Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 83 |
| Total Stafford loan amount | $868,232 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $16,111 |
| Average GI Bill amount per recipient | $16,111 |
References
More about our data sources and methodologies.