by our College Data Analytics TeamMany students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at ZMS The Academy can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can ZMS The Academy deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn what amount of financial assistance will be accessible 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 information provided on this page can help you determine how much aid you may receive from ZMS The Academy.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At ZMS The Academy, 16% of new full-time first-years were awarded at least some aid around 25 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 16% | $3,320 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 16% | $3,320 |
| State/local grants | 0% | — |
| Federal student loans | 1% | $5,843 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at ZMS The Academy, about 10% of the undergraduate population received grant aid that averaged $2,956 (among about 38 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 10% | $2,956 |
| Federal Pell grants | 10% | $2,956 |
| Federal student loans | 1% | $1,461 |
On-campus students receiving title-IV aid were awarded grants averaging $5,534.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,854 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $7,812 |
| Off-campus title-IV students | $4,466 |
For an estimate tailored to your family circumstances, see ZMS The Academy’s NPC: zmsacademy.com/Netpricecalculator/.
A typical borrower at ZMS The Academy leaves with $3,666 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,666 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. ZMS The Academy.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at ZMS The Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 404 |
| Total Stafford loan amount | $2,299,818 |
References
More about our data sources and methodologies.