by our College Data Analytics TeamMany students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Azusa Pacific University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Azusa Pacific deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Azusa Pacific 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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Azusa Pacific University, 100% of first-year full-time students received aid of some kind roughly 412 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $30,504 |
| Institutional grants & scholarships | 99% | $25,933 |
| Federal Pell grants | 31% | $5,324 |
| State/local grants | 32% | $8,735 |
| Federal student loans | 45% | $4,572 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Azusa Pacific, about 91% of undergraduate students received gift aid averaging $24,663 (covering around 2728 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $24,663 |
| Federal Pell grants | 35% | $5,621 |
| Federal student loans | 48% | $7,224 |
For students living on campus and receiving title-IV aid, grants averaged $34,101.
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 | $18,379 |
| $30,001 – $75,000 | $20,079 |
| Over $75,000 | $22,389 |
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 | $22,212 |
| Off-campus title-IV students | $19,798 |
For a customized cost estimate, visit Azusa Pacific’s NPC: www.apu.edu/undergraduate-admissions/financialaid/calculator/.
A typical borrower at Azusa Pacific leaves with $19,710 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,710 |
| Median federal debt (graduates only) | $23,219 |
| Typical 10-year monthly payment (graduates) | $246.16/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Azusa Pacific.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,010 |
| 25th percentile | $9,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $37,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $20,500 |
| Middle income | $21,000 |
| High income | $18,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,000 |
| Continuing-generation students | $19,475 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,500 |
| Independent students | $24,250 |
A handful of calculated indicators summarize the debt outlook at Azusa Pacific.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Azusa Pacific:
| Metric | Value |
|---|---|
| Stafford loan recipients | 40480 |
| Total Stafford loan amount | $1,310,536,843 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 197 |
| Total GI Bill amount | $3,602,981 |
| Average GI Bill amount per recipient | $18,289 |
References
More about our data sources and methodologies.