Cost & financial aid brief
Alfred University Tuition, Costs & Financial Aid
How much does Alfred University cost after financial aid?
Aid materially reduces the published charge for the average recipient, though the remaining cost differs by family income. The published cost of $57,445 becomes an average net price of $25,620 for aid recipients, a sticker-to-net gap of $31,825.
Aid covers about 55% of the published cost for the average aid recipient. The lowest and second-lowest income bands have lower average net prices than the middle and upper bands, with the highest-income band carrying the largest average remaining price.
That pattern shows aid is more concentrated toward lower-income bands on average, rather than setting one price for every recipient.
Alfred University posts a published cost of attendance of $57,445. The average net price, what aid recipients pay after grants and scholarships, is $16,512 for families earning under $30,000, $22,125 for those earning $48,001-$75,000, and $33,388 for families earning over $110,000.
The gap from the lowest to highest band is $16,876. In Azimuth's comparison of nonprofit four-year institutions, the university ranks #1,032 for affordability.
For the average aid recipient, aid covers about 55% of the published cost, offsetting $31,825 from the sticker price. The all-recipient average net price is $25,620.
That is $3,273 above the peer median net price of $22,347 for comparable institutions (same type and size). Published tuition and fees are $41,500, and room and board are $15,380.
The aid offset is substantial, though the average price after aid remains above the comparable-institution midpoint. Federal-loan borrowers who completed leave with median federal student loan debt of $26,000, and 96.7% of federal aid recipients borrow federal loans.
The peer median for comparable institutions (same type and size) is $25,000, placing the university's median $1,000 above that figure. That debt corresponds to an estimated payment of $295 a month if repaid over ten years.
Median Parent PLUS borrowing is $20,269.
Student loans: what does repayment look like?
Borrowing is widespread at Alfred University: 96.7% of federal aid recipients take federal loans, making the debt figures relevant to most undergraduate borrowers. For borrowers who complete, median federal student loan debt is $26,000.
At comparable institutions (same type and size), the median federal debt is $25,000, and Alfred University's figure is $1,000 above it. For the separate parent-borrower population, median Parent PLUS borrowing is $20,269.
Access is the strongest pillar at Alfred University, but its return figures give a more cautious picture. Federally aided completers who are working and not enrolled report median earnings of $58,242 four years after completion; Azimuth places that figure in the 44th percentile among nonprofit four-year institutions.
Earnings beyond expectations, the gap between what graduates earn and what expects for similar students, also ranks in the 22nd percentile among nonprofit four-year institutions. Graduates earn about $9,159 less than the model expects for similar students.
The downside scenario is $41,139 and the upside scenario is $79,473; the typical scenario matches the reported median earnings. Median federal student loan debt at completion is $26,000, which is $1,000 above the $25,000 peer median, the middle value for comparable institutions (same type and size).
That debt corresponds to an estimated payment of $295 a month if repaid over ten years. Below-expected earnings and debt above the peer median point in the same direction.
For the separate population of parent borrowers, median Parent PLUS borrowing stands at $20,269. For student borrowers, that debt corresponds to an estimated payment of $295 a month if repaid over ten years.
Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.
Parent loans: what can the family afford?
How Parent PLUS borrowing affects families
- Median Parent PLUS debt
- $20,269
- Estimated parent payment
- $258/mo
| Income | Risk level |
|---|---|
| $35,000 | High pressure |
| $50,000 | High pressure |
| $75,000 | High pressure |
| $100,000 | Caution |
| $150,000 | Safe |
| $200,000 | Safe |
The model holds the parent balance fixed and varies parent income. Read the assumptions and limits.
Student and parent loans: the monthly payments
Financial GPS
What does repayment look like?
- Institution median student debt
- $26,000
- Institution Parent PLUS debt
- $20,269
Federal loans only; private or institutional loans aren’t included.
- Estimated student payment · monthly
- $295/mo
- Estimated Parent PLUS payment · monthly
- $258/mo
- Modeled student + parent payments
- $553/mo
Payments use school-wide median balances, not a specific major’s.
Student payment as a share of available income
At median graduate earnings of $58,242, with a $22,590 annual allowance for basic expenses:
9.9% of income above the allowance · Good
- Excellent Under 8%
- Good 8–under 12% · selected scenario
- Concerning 12–20%
- High risk Over 20%
How this estimate works
These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $22,590, uses the published framework’s 2024 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.
Payment assumptions
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.
Data & methodology
Sources and reporting periods: methodology.
Analysis and methodology by Daniel Rogers, founder of College Azimuth.
Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.
Figure notes link to sources and limitations. About College Azimuth.
Net price and borrowing. The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. College Scorecard data and documentation.
A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.