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 Allen University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Allen U deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Allen 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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Allen University, 97% of first-time, full-time freshmen received some form of financial aid (about 166 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $12,927 |
| Institutional grants & scholarships | 79% | $8,506 |
| Federal Pell grants | 74% | $6,148 |
| State/local grants | 23% | $5,108 |
| Federal student loans | 75% | $5,729 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 91% of undergrads got grants or scholarships worth on average $13,454 (covering around 578 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $13,454 |
| Federal Pell grants | 77% | $6,565 |
| Federal student loans | 80% | $7,819 |
On-campus students receiving title-IV aid were awarded grants averaging $13,026.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,831 |
| $30,001 – $75,000 | $11,091 |
| Over $75,000 | $13,453 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $10,972 |
| Off-campus title-IV students | $11,081 |
To get a personalized net price estimate, try Allen U’s net price calculator: allenuniversity.edu/cost-of-attendance-net-price-calculator.
The middle student in the debt distribution at Allen U owes $12,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $34,290 |
| Typical 10-year monthly payment (graduates) | $363.53/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Allen U.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $8,525 |
| 75th percentile | $35,000 |
| 90th percentile (highest-debt students) | $45,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,269 |
| Middle income | $11,000 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $10,813 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,480 |
| Independent students | $19,000 |
A handful of calculated indicators summarize the debt outlook at Allen U.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Allen U:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5485 |
| Total Stafford loan amount | $111,459,994 |
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 | $32,593 |
| Average GI Bill amount per recipient | $10,864 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.