by our College Data Analytics TeamMost 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 Rush University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Rush University deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Rush University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 67% of the undergraduate population received grant aid that averaged $13,108 (covering around 80 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $13,108 |
| Federal Pell grants | 37% | $5,783 |
| Federal student loans | 47% | $11,417 |
The median student at Rush University graduates with $19,273 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,273 |
| Median federal debt (graduates only) | $21,988 |
| Typical 10-year monthly payment (graduates) | $233.11/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Rush University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,668 |
| 25th percentile | $10,668 |
| 75th percentile | $29,514 |
| 90th percentile (highest-debt students) | $33,334 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $23,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,020 |
| Continuing-generation students | $20,387 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,834 |
| Independent students | $24,000 |
A handful of calculated indicators summarize the debt outlook at Rush University.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Rush University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7399 |
| Total Stafford loan amount | $467,552,393 |
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 | 21 |
| Total GI Bill amount | $400,807 |
| Average GI Bill amount per recipient | $19,086 |
References
More about our data sources and methodologies.