by our College Data Analytics TeamMost students will never be charged 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 total price of attendance at Point University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Point offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Point University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can 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 Point University, 100% of new full-time first-years were awarded at least some aid approximately 259 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $15,043 |
| Institutional grants & scholarships | 97% | $13,339 |
| Federal Pell grants | 42% | $3,903 |
| State/local grants | 17% | $2,286 |
| Federal student loans | 19% | $7,877 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Point, about 97% of undergraduate students received gift aid averaging $6,871 (across approximately 2538 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $6,871 |
| Federal Pell grants | 25% | $4,085 |
| Federal student loans | 14% | $8,313 |
On-campus students receiving title-IV aid were awarded grants averaging $8,229.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,466 |
| $30,001 – $75,000 | $20,452 |
| Over $75,000 | $22,129 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,335 |
| Off-campus title-IV students | $20,752 |
For a customized cost estimate, visit Point’s official net price calculator: point.studentaidcalculator.com/survey.aspx.
The median federal debt load at Point comes to $14,502 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,502 |
| Median federal debt (graduates only) | $25,250 |
| Typical 10-year monthly payment (graduates) | $267.69/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. Use the percentiles below to see the debt range at Point.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $43,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,250 |
| Middle income | $15,125 |
| High income | $14,535 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,250 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,500 |
| Independent students | $17,499 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Point.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Point:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6064 |
| Total Stafford loan amount | $130,916,492 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $89,600 |
| Average GI Bill amount per recipient | $9,956 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.