by our College Data Analytics TeamMany 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 sum total of attendance at Ave Maria University can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will AMU provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Ave Maria University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Ave Maria University, 100% of first-time, full-time freshmen received some form of financial aid some 318 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $20,936 |
| Institutional grants & scholarships | 100% | $17,674 |
| Federal Pell grants | 21% | $5,397 |
| State/local grants | 31% | $6,794 |
| Federal student loans | 47% | $5,445 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at AMU, some 97% of undergrads got grants or scholarships worth on average $21,023 (across approximately 1218 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $21,023 |
| Federal Pell grants | 21% | $5,579 |
| Federal student loans | 45% | $6,400 |
On-campus students receiving title-IV aid were awarded grants averaging $21,269.
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 | $19,416 |
| $30,001 – $75,000 | $20,711 |
| Over $75,000 | $25,621 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $24,860 |
| Off-campus title-IV students | $23,655 |
For an estimate tailored to your family circumstances, see AMU’s net price calculator: netprice.avemaria.edu/.
Graduating students at AMU carry a median federal student debt of $12,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $20,776 |
| Typical 10-year monthly payment (graduates) | $220.26/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
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 AMU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $24,830 |
| 90th percentile (highest-debt students) | $30,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,875 |
| Middle income | $12,000 |
| High income | $12,676 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,250 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. AMU.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at AMU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3156 |
| Total Stafford loan amount | $46,363,735 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $446,753 |
| Average GI Bill amount per recipient | $22,338 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.