by our College Data Analytics TeamThe majority of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Commonwealth University of Pennsylvania can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Commonwealth University of Pennsylvania provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Commonwealth University of Pennsylvania.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Commonwealth University of Pennsylvania, 98% of new full-time first-years were awarded at least some aid around 2366 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $9,214 |
| Institutional grants & scholarships | 89% | $5,765 |
| Federal Pell grants | 39% | $5,309 |
| State/local grants | 34% | $4,444 |
| Federal student loans | 57% | $5,182 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Commonwealth University of Pennsylvania, around 76% of undergrads got grants or scholarships worth on average $8,075 (covering around 7581 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $8,075 |
| Federal Pell grants | 32% | $5,236 |
| Federal student loans | 54% | $6,088 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $9,462.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,911 |
| $30,001 – $75,000 | $15,970 |
| Over $75,000 | $22,476 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,699 |
| Off-campus title-IV students | $18,877 |
For a customized cost estimate, visit Commonwealth University of Pennsylvania’s online cost calculator: app.calconic.com/public/calculator/662535cd2c7e2e0025ae9344?layouts=true.
A typical borrower at Commonwealth University of Pennsylvania leaves with $19,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Commonwealth University of Pennsylvania.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,668 |
| 25th percentile | $7,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,076 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $20,000 |
| High income | $19,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $19,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Commonwealth University of Pennsylvania.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Commonwealth University of Pennsylvania:
| Metric | Value |
|---|---|
| Stafford loan recipients | 33314 |
| Total Stafford loan amount | $614,145,297 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 120 |
| Total GI Bill amount | $866,960 |
| Average GI Bill amount per recipient | $7,225 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 53 |
| Total DoD amount | $158,678 |
| Average DoD amount per recipient | $2,994 |
References
More about our data sources and methodologies.