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Abilene Christian University Financial Aid and Scholarship Details

100% Freshmen Get Financial Aid
$28,342 Average Grant & Scholarship
97% Undergrads Get Grant Aid

A large number of students are not billed 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 price of attendance at Abilene Christian University can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financial aid solutions can Abilene Christian provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn just how much financial aid will be open to you.

Why You Should Understand Abilene Christian Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Abilene Christian University.

What First Years Receive at Abilene Christian University

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 incoming first-year students at Abilene Christian University, 100% of entering full-time freshmen got some type of financial assistance some 862 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$30,542
Institutional grants & scholarships100%$27,890
Federal Pell grants24%$5,800
State/local grants28%$3,963
Federal student loans39%$5,328

Undergraduate Grant Aid at Abilene Christian University

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Abilene Christian, around 97% of undergraduate students received gift aid averaging $28,342 (for some 3078 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)97%$28,342
Federal Pell grants22%$5,618
Federal student loans40%$9,760

Title-IV recipients living on campus saw average grant aid of $33,074.

How Cost Varies by Income at Abilene Christian University

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$23,409
$30,001 – $75,000$24,596
Over $75,000$30,482

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What Students Actually Pay at Abilene Christian University

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$26,182
Off-campus title-IV students$27,401

To project your own net price, use Abilene Christian’s NPC: www.highered.texas.gov/apps/NPC/?Fice=003537.

Typical Student Debt at Abilene Christian University

Graduating students at Abilene Christian carry a median federal student debt of $14,750 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$14,750
Median federal debt (graduates only)$24,250
Typical 10-year monthly payment (graduates)$257.09/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Debt Spread by Percentile

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Abilene Christian.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,750
25th percentile$5,500
75th percentile$27,000
90th percentile (highest-debt students)$34,500

Debt by Student Cohort at Abilene Christian University

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$11,000
Middle income$15,750
High income$17,000

By First-Generation Status

CohortMedian federal debt
First-generation students$13,500
Continuing-generation students$16,875

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$17,511
Independent students$7,077

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Abilene Christian.

Federal Student Loans at Abilene Christian University

Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Abilene Christian:

MetricValue
Stafford loan recipients18353
Total Stafford loan amount$444,130,435

Veterans Benefits at Abilene Christian University

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

GI Bill volume

MetricValue
GI Bill recipients236
Total GI Bill amount$1,829,579
Average GI Bill amount per recipient$7,752

References

More about our data sources and methodologies.

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