by our College Data Analytics TeamMany students are not billed 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 Ashland University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Ashland offer, and what will you qualify for? Keep reading for more information. Read on to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Ashland 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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Ashland University, 100% of first-year full-time students received aid of some kind approximately 513 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $20,835 |
| Institutional grants & scholarships | 99% | $16,796 |
| Federal Pell grants | 37% | $5,271 |
| State/local grants | 32% | $3,996 |
| Federal student loans | 60% | $5,441 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Ashland, around 70% of undergraduates were awarded grant or scholarship aid averaging $15,266 (across approximately 2189 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $15,266 |
| Federal Pell grants | 29% | $5,184 |
| Federal student loans | 38% | $6,768 |
On-campus students receiving title-IV aid were awarded grants averaging $21,446.
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 | $20,427 |
| $30,001 – $75,000 | $21,516 |
| Over $75,000 | $22,831 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $21,988 |
| Off-campus title-IV students | $21,994 |
For a customized cost estimate, visit Ashland’s net price tool: app.meadowfi.com/ashland.
The median student at Ashland graduates with $20,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,000 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Ashland.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $7,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,750 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,750 |
| Middle income | $21,494 |
| High income | $20,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,000 |
| Continuing-generation students | $20,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,500 |
| Independent students | $19,032 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Ashland.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Ashland:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19780 |
| Total Stafford loan amount | $482,101,443 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 74 |
| Total GI Bill amount | $1,026,370 |
| Average GI Bill amount per recipient | $13,870 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $4,000 |
| Average DoD amount per recipient | $1,333 |
References
More about our data sources and methodologies.