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Philander Smith College Scholarships & Financial Aid
Philander Smith College Financial Aid Overview
Cost of Attendance
Average net price
Average student loan debt
Philander Smith College Cost
Cost of Attendance:
Books & Supplies
Room & Board
Total Sticker Price
The sticker price at Philander Smith College is $26,164.00. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of tuition can vary from year to year and you can expect the cost of tuition to rise over your four years in college. With that said, your financial aid will also be recalculated each year which will take into account any tuition increases.
Philander Smith College Net Price
The sticker cost of Philander Smith College is not actually what students will pay. Depending on factors including student and parent finances, the actual cost can be lower. This price that takes into account financial aid is also known as a “net price.”
This net price includes the total cost of attendance including tuition, room, board, and other fees. For students at Philander Smith College, the average net price is $14,046.00.
Below, you can see a chart that breaks down the Net Price of Philander Smith College by income level. This will give you a sense of how much the cost of an education at Philander Smith College can be offset by financial aid and scholarships.
Net Price Paid
$0 - $30,000 family income
$30,001 - $48,000 family income
$48,001 - $75,000 family income
$48,001 - $75,000 family income
$110,000+ family income
If you use the Net Price Calculator, you should know that it only provides an estimate of financial aid. To actually apply for financial aid, you’ll need to submit the FAFSA and any other required financial aid forms to receive their official financial aid award letter. Also, the NPC does not include any outside scholarships that you might earn.
Ultimately, students can treat the Net Price Calculator as a useful gauge to understand what a potential financial aid package could look like.
Philander Smith College Financial Aid
The FAFSA code for Philander Smith College is 001103 .
If you are looking for more information on how to complete the FAFSA, you can check out our How to Complete the FAFSA Guide.
Pell Grants at Philander Smith College
80%% of students at Philander Smith College receive Pell Grants which are awarded to undergraduate students with demonstrated financial need who don’t have a bachelor’s or professional degree. Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Philander Smith College.
You can learn more about Pell Grant eligibility here.
Philander Smith College Student Debt
Student Loan Stats:
Average student loan debt payment per month
Average student loan debt
Student loan default rate
In addition to scholarships and financial aid, student loans are another way that students can pay for college. However, unlike other types of aid, student loans need to be repaid. This is why it’s so important to know how much student loan debt you are taking out.
81%% percent of Philander Smith College students take out federal student loans. The average student at Philander Smith College takes out $26,500.00 in student loan debt which winds up being a $264.91 payment per month. The important thing to remember about these numbers is that they only include federal student loans and not private student loans.
Parent PLUS loans are another type of student loan that families may use to pay for college. While Parent PLUS Loans are offered by the federal government, they are not included in the above federal student loan metrics because they are not technically taken out by students. The median amount of Parent PLUS loan debt at Philander Smith College is $16,400.00. Between 15% and 25% percent of parents of Philander Smith College students will take out these Parent PLUS Loans.
If you want to learn more about Parent PLUS Loans, you can check out the pros and cons of borrowing them.
Is Philander Smith College Worth it?
College is an investment, which is why it’s important to assess the Return on Investment or ROI. By completing the net price calculator, you will have a good sense of how much Philander Smith College will cost you.
The big factors that will determine a good value are outcomes including graduation rate, retention rate, and average earnings upon graduation.
Here’s how Philander Smith College stacks up:
$35,583.00 is the median earnings of a graduate of Philander Smith College 10 years after graduation.
As you assess whether a school is worth it, the above data points will give you a great starting point.
you can think about how your monthly debt might compare to your expected salary. While the median salary is a useful datapoint, students should keep in mind that salary potential is impacted by your choice of major as well as your chosen career path.
Philander Smith College Financial Aid Resources
If you are looking for more information about financial aid and scholarships at or have questions that are specific to your personal situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
We strive to provide users with the most up-to-date information and source data from publicly available sources including the College Scorecard and directly from the colleges. If you see an error, feel free to contact us at [email protected]