by our College Data Analytics TeamA large number of students will never be charged 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 total price of attendance at Winthrop University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial assistance solutions will Winthrop provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Winthrop University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to 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 Winthrop University, 99% of first-year full-time students received aid of some kind (about 859 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $15,686 |
| Institutional grants & scholarships | 83% | $8,173 |
| Federal Pell grants | 53% | $5,982 |
| State/local grants | 86% | $6,337 |
| Federal student loans | 62% | $5,752 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 83% of the undergraduate population received grant aid that averaged $14,637 (for some 3136 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $14,637 |
| Federal Pell grants | 41% | $5,663 |
| Federal student loans | 54% | $6,837 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $15,367.
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 | $13,375 |
| $30,001 – $75,000 | $14,762 |
| Over $75,000 | $20,102 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,343 |
| Off-campus title-IV students | $16,353 |
For a customized cost estimate, visit Winthrop’s net price calculator: www.winthrop.edu/finaid/net-price-calculator.aspx.
A typical borrower at Winthrop leaves with $19,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $26,975 |
| Typical 10-year monthly payment (graduates) | $285.98/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Winthrop.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,250 |
| 75th percentile | $30,750 |
| 90th percentile (highest-debt students) | $41,688 |
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 | $20,020 |
| Middle income | $18,750 |
| High income | $18,062 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $17,849 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,500 |
| Independent students | $25,000 |
A handful of calculated indicators summarize the debt outlook at Winthrop.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Winthrop:
| Metric | Value |
|---|---|
| Stafford loan recipients | 23555 |
| Total Stafford loan amount | $572,989,434 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 85 |
| Total GI Bill amount | $1,080,454 |
| Average GI Bill amount per recipient | $12,711 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 11 |
| Total DoD amount | $25,000 |
| Average DoD amount per recipient | $2,273 |
References
More about our data sources and methodologies.