by our College Data Analytics TeamMany students will not be asked to pay 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 price tag of going to Assumption University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Assumption offer, and what will you qualify for? Keep reading for more information. Scroll down to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Assumption University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Assumption University, 100% of first-year full-time students received aid of some kind around 479 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $35,905 |
| Institutional grants & scholarships | 100% | $33,263 |
| Federal Pell grants | 27% | $5,474 |
| State/local grants | 27% | $3,001 |
| Federal student loans | 88% | $5,463 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Assumption, about 98% of the undergraduate population received grant aid that averaged $33,358 (across roughly 1659 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $33,358 |
| Federal Pell grants | 22% | $5,371 |
| Federal student loans | 84% | $6,589 |
For students living on campus and receiving title-IV aid, grants averaged $36,053.
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 | $17,767 |
| $30,001 – $75,000 | $22,141 |
| Over $75,000 | $31,597 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,498 |
| Off-campus title-IV students | $28,853 |
For an estimate tailored to your family circumstances, see Assumption’s NPC: www.assumption.edu/admissions-financial-aid/undergraduate-admissions-and-financial-aid/undergraduate-tuition-and-fees.
The median student at Assumption graduates with $24,250 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $24,250 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Assumption.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,766 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $21,417 |
| Middle income | $24,250 |
| High income | $25,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $24,816 |
| Continuing-generation students | $23,251 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $25,725 |
| Independent students | $16,583 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Assumption.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Assumption:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8682 |
| Total Stafford loan amount | $167,897,103 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $164,089 |
| Average GI Bill amount per recipient | $14,917 |
References
More about our data sources and methodologies.