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 Benedictine University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Benedictine U deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn just how much financial aid will 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 Benedictine University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Benedictine University, 100% of new full-time first-years were awarded at least some aid roughly 352 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $22,911 |
| Institutional grants & scholarships | 99% | $17,279 |
| Federal Pell grants | 44% | $5,631 |
| State/local grants | 41% | $7,307 |
| Federal student loans | 56% | $5,323 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Benedictine U, approximately 95% of undergraduates were awarded an average grant or scholarship of $21,203 (covering around 1749 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $21,203 |
| Federal Pell grants | 39% | $5,662 |
| Federal student loans | 46% | $6,664 |
For students living on campus and receiving title-IV aid, grants averaged $24,400.
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 | $19,171 |
| $30,001 – $75,000 | $21,182 |
| Over $75,000 | $28,120 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $22,313 |
| Off-campus title-IV students | $23,529 |
To project your own net price, use Benedictine U’s net price tool: ben.edu/net-price-calculator-lisle/.
The middle student in the debt distribution at Benedictine U owes $17,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,500 |
| Median federal debt (graduates only) | $22,500 |
| Typical 10-year monthly payment (graduates) | $238.54/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Benedictine U.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,265 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $35,141 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $18,750 |
| Middle income | $18,000 |
| High income | $15,608 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,500 |
| Continuing-generation students | $18,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,213 |
| Independent students | $18,750 |
The figure below distills the debt data into a single burden category for Benedictine U.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Benedictine U:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19266 |
| Total Stafford loan amount | $557,248,050 |
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 | 17 |
| Total GI Bill amount | $135,347 |
| Average GI Bill amount per recipient | $7,962 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.