by our College Data Analytics TeamA lot of 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 total cost of going to Asbury University can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial assistance options will Asbury offer, and what will you qualify for? Read on for more information. Read on to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Asbury 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. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Asbury University, 100% of entering full-time freshmen got some type of financial assistance around 356 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,516 |
| Institutional grants & scholarships | 99% | $20,252 |
| Federal Pell grants | 33% | $5,091 |
| State/local grants | 47% | $5,759 |
| Federal student loans | 49% | $5,511 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 77% of the undergraduate population received grant aid that averaged $23,332 (for some 1271 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $23,332 |
| Federal Pell grants | 28% | $5,199 |
| Federal student loans | 41% | $6,428 |
Title-IV recipients living on campus saw average grant aid of $26,058.
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 | $15,599 |
| $30,001 – $75,000 | $18,342 |
| Over $75,000 | $24,387 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,401 |
| Off-campus title-IV students | $20,428 |
For a personalized estimate based on your family’s financial situation, use Asbury’s official net price calculator: www.asbury.edu/net-price-calculator.
The median federal debt load at Asbury comes to $17,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,500 |
| Median federal debt (graduates only) | $24,028 |
| Typical 10-year monthly payment (graduates) | $254.74/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Asbury.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,749 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $33,000 |
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 | $16,250 |
| Middle income | $19,500 |
| High income | $16,750 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,751 |
| Continuing-generation students | $18,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,643 |
| Independent students | $16,900 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Asbury.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Asbury:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5782 |
| Total Stafford loan amount | $114,550,388 |
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.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 26 |
| Total GI Bill amount | $437,462 |
| Average GI Bill amount per recipient | $16,825 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,250 |
| Average DoD amount per recipient | $1,250 |
References
More about our data sources and methodologies.