by our College Data Analytics TeamA large number of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Roosevelt University can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Roosevelt deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Roosevelt University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Roosevelt University, 96% of the incoming full-time class was awarded financial aid around 568 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $13,810 |
| Institutional grants & scholarships | 92% | $6,203 |
| Federal Pell grants | 60% | $5,713 |
| State/local grants | 56% | $7,287 |
| Federal student loans | 47% | $5,167 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, approximately 90% of undergrads got grants or scholarships worth on average $18,849 (across roughly 2341 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $18,849 |
| Federal Pell grants | 51% | $5,454 |
| Federal student loans | 54% | $7,119 |
For students living on campus and receiving title-IV aid, grants averaged $15,138.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,024 |
| $30,001 – $75,000 | $17,668 |
| Over $75,000 | $28,207 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,194 |
| Off-campus title-IV students | $20,152 |
For a customized cost estimate, visit Roosevelt’s net price tool: roosevelt.studentaidcalculator.com/survey.aspx.
The median federal debt load at Roosevelt comes to $14,667 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,667 |
| Median federal debt (graduates only) | $22,000 |
| Typical 10-year monthly payment (graduates) | $233.24/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Roosevelt.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,481 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,750 |
| Middle income | $14,500 |
| High income | $14,626 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,500 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,187 |
| Independent students | $20,027 |
These indicators are derived from the underlying debt data and summarize the overall picture at Roosevelt.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Roosevelt:
| Metric | Value |
|---|---|
| Stafford loan recipients | 59337 |
| Total Stafford loan amount | $1,586,055,001 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 82 |
| Total GI Bill amount | $741,358 |
| Average GI Bill amount per recipient | $9,041 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $6,750 |
| Average DoD amount per recipient | $2,250 |
References
More about our data sources and methodologies.