by our College Data Analytics TeamMany students will never be charged 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 sum total of attendance at UCAS University of Cosemtology Arts & Sciences-McAllen can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financing solutions does UCAS University of Cosemtology Arts & Sciences-McAllen provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from UCAS University of Cosemtology Arts & Sciences-McAllen.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at UCAS University of Cosemtology Arts & Sciences-McAllen, 100% of first-time, full-time freshmen received some form of financial aid (about 8 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $5,152 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 63% | $5,152 |
| State/local grants | 0% | — |
| Federal student loans | 50% | $5,346 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at UCAS University of Cosemtology Arts & Sciences-McAllen, some 51% of undergraduates were awarded grant or scholarship aid averaging $5,119 (for some 116 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $5,119 |
| Federal Pell grants | 48% | $4,886 |
| Federal student loans | 37% | $6,000 |
For on-campus title-IV students, average grant aid came to $5,152.
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 | $11,720 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,507 |
| Off-campus title-IV students | $11,720 |
For a customized cost estimate, visit UCAS University of Cosemtology Arts & Sciences-McAllen’s official net price calculator: ucastx.com/NPcalc/McA-Har-LJ2017.html.
A typical borrower at UCAS University of Cosemtology Arts & Sciences-McAllen leaves with $6,083 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,083 |
| Median federal debt (graduates only) | $6,447 |
| Typical 10-year monthly payment (graduates) | $68.35/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at UCAS University of Cosemtology Arts & Sciences-McAllen.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $6,833 |
| 90th percentile (highest-debt students) | $9,672 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,163 |
| Middle income | $5,533 |
| High income | $4,865 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,122 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. UCAS University of Cosemtology Arts & Sciences-McAllen.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at UCAS University of Cosemtology Arts & Sciences-McAllen:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4481 |
| Total Stafford loan amount | $27,296,804 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $22,542 |
| Average GI Bill amount per recipient | $7,514 |
References
More about our data sources and methodologies.