by our College Data Analytics TeamA lot of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Alaska Pacific University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Alaska Pacific deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Alaska Pacific University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Alaska Pacific University, 100% of first-time, full-time freshmen received some form of financial aid around 25 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $11,471 |
| Institutional grants & scholarships | 100% | $8,177 |
| Federal Pell grants | 36% | $5,411 |
| State/local grants | 36% | $2,995 |
| Federal student loans | 44% | $4,273 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Alaska Pacific, some 83% of undergraduates were awarded an average grant or scholarship of $12,230 (across roughly 363 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $12,230 |
| Federal Pell grants | 32% | $4,330 |
| Federal student loans | 40% | $6,976 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $12,410.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,020 |
| $30,001 – $75,000 | $17,397 |
| Over $75,000 | $23,460 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,616 |
| Off-campus title-IV students | $18,976 |
To project your own net price, use Alaska Pacific’s online cost calculator: npc.collegeboard.org/student/app/alaskapacific.
The median student at Alaska Pacific graduates with $12,696 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,696 |
| Median federal debt (graduates only) | $23,500 |
| Typical 10-year monthly payment (graduates) | $249.14/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Alaska Pacific.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $5,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $11,250 |
| Middle income | $11,000 |
| High income | $16,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,500 |
| Continuing-generation students | $13,360 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,125 |
| Independent students | $14,632 |
These indicators are derived from the underlying debt data and summarize the overall picture at Alaska Pacific.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Alaska Pacific:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2092 |
| Total Stafford loan amount | $52,569,400 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 30 |
| Total GI Bill amount | $392,862 |
| Average GI Bill amount per recipient | $13,095 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,000 |
| Average DoD amount per recipient | $3,000 |
References
More about our data sources and methodologies.