News

Published:

January 7, 2015
 

I Know: Scholarships Matter


The national media seem to relish reporting stories about students who have graduated college with enormous amounts of debt. It is not uncommon to read stories of debt levels at $120,000 or $140,000. However, these are the exceptions; they are based on students and families who willingly borrowed money in order to attend the “brand” institution they wanted.

We try to limit the amount which Adelphi students are required to borrow, and our average debt per graduate is just above the national average at about $35,000. While this is higher than we would like, we are pleased that our student loan default rate is amongst the lowest in the nation (while the national rate is 13.7%, Adelphi’s is only 3.7%) because our students can keep debt to a minimum and are able to find employment.

Endowed and expendable student scholarships allow us to award “packaged” aid. This helps all students, no matter their family’s financial circumstances limit the amount they need to borrow.

Robert A. Scott
President of Adelphi University

 
 
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About Adelphi: A modern metropolitan university with a personalized approach to higher learning.

Adelphi University, New York, is a highly awarded, nationally ranked, powerfully connected doctoral research university dedicated to transforming students’ lives through small classes with world-class faculty, hands-on learning and innovative ways to support academic and career success. Adelphi offers exceptional liberal arts and sciences programs and professional training, with particular strength in our Core Four—Arts and Humanities, STEM and Social Sciences, the Business and Education Professions, and Health and Wellness.

Recognized as a Best College by U.S. News & World Report, Adelphi is Long Island’s oldest private coeducational university. It serves more than 8,100 students at its beautiful main campus in Garden City, New York—just 23 miles from New York City’s cultural and internship opportunities—and at dynamic learning hubs in Manhattan, the Hudson Valley and Suffolk County, as well as online.

More than 115,000 Adelphi graduates have gained the skills to thrive professionally as active, engaged citizens, making their mark on the University, their communities and the world.