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Zane State College Financial Aid & Debt Outcomes

69% Freshmen Get Financial Aid
$3,972 Average Grant & Scholarship
32% Undergrads Get Grant Aid

Most 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 Zane State College can seem overwhelming, but bear in mind that many students are given some form of financial aid.

What financial aid options can Zane State College offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to discover just how much financial aid could be open to you.

Importance of Zane State College Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Zane State College.

Freshman Financial Aid at Zane State College

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

For incoming first-year students at Zane State College, 69% of entering full-time freshmen got some type of financial assistance around 123 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)66%$5,222
Institutional grants & scholarships29%$2,333
Federal Pell grants43%$6,333
State/local grants3%$1,461
Federal student loans21%$3,143

Grant Aid for Undergraduates at Zane State College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 32% of undergraduates were awarded grant or scholarship aid averaging $3,972 (across roughly 514 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)32%$3,972
Federal Pell grants18%$4,736
Federal student loans11%$2,946

For students living on campus and receiving title-IV aid, grants averaged $5,873.

Income-Adjusted Net Price at Zane State College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$5,653
$30,001 – $75,000$6,809
Over $75,000$11,549

Each figure is the net price after grants and scholarships, not the published sticker price.

Average Net Price for Zane State College

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$8,062
Off-campus title-IV students$7,423

To project your own net price, use Zane State College’s NPC: www.zanestate.edu/calculator.html.

How Much Students Borrow at Zane State College

The middle student in the debt distribution at Zane State College owes $3,995 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$3,995
Median federal debt (graduates only)$6,834
Typical 10-year monthly payment (graduates)$72.45/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Where Student Debt Falls

Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Zane State College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,168
25th percentile$2,334
75th percentile$11,500
90th percentile (highest-debt students)$19,668

Student Debt by Cohort at Zane State College

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$3,500
Middle income$4,084
High income$4,668

First-Generation Comparison

CohortMedian federal debt
First-generation students$3,852
Continuing-generation students$4,405

By Dependency Status

CohortMedian federal debt
Dependent students$4,084
Independent students$3,801

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. Zane State College.

Student Loans at Zane State College

The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Zane State College:

MetricValue
Stafford loan recipients8779
Total Stafford loan amount$114,128,429

Veterans Benefits at Zane State College

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients9
Total GI Bill amount$32,454
Average GI Bill amount per recipient$3,606

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

Zane State College Financial Aid Resources

References

More about our data sources and methodologies.

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