by our College Data Analytics TeamA lot of students will never be charged 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 Brigham Young University-Idaho can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does BYU - I offer, and what will you qualify for? Keep scrolling for more information. Read on to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Brigham Young University-Idaho.
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 Brigham Young University-Idaho, 60% of the incoming full-time class was awarded financial aid roughly 2155 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $6,733 |
| Institutional grants & scholarships | 39% | $3,943 |
| Federal Pell grants | 23% | $6,647 |
| State/local grants | 8% | $3,444 |
| Federal student loans | 14% | $5,366 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at BYU - I, around 36% of the undergraduate population received grant aid that averaged $7,921 (across approximately 15406 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $7,921 |
| Federal Pell grants | 24% | $7,800 |
| Federal student loans | 11% | $7,822 |
On-campus students receiving title-IV aid were awarded grants averaging $7,025.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,484 |
| $30,001 – $75,000 | $5,025 |
| Over $75,000 | $10,729 |
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 | $8,221 |
| Off-campus title-IV students | $7,131 |
For an estimate tailored to your family circumstances, see BYU - I’s official net price calculator: www.byui.edu/financial-aid/net-price-calculator.
Graduating students at BYU - I carry a median federal student debt of $8,750 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,750 |
| Median federal debt (graduates only) | $13,969 |
| Typical 10-year monthly payment (graduates) | $148.09/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at BYU - I.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,069 |
| 25th percentile | $3,627 |
| 75th percentile | $13,980 |
| 90th percentile (highest-debt students) | $22,930 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,539 |
| Middle income | $8,540 |
| High income | $9,230 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,215 |
| Continuing-generation students | $8,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,250 |
| Independent students | $9,896 |
The figure below distills the debt data into a single burden category for BYU - I.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at BYU - I:
| Metric | Value |
|---|---|
| Stafford loan recipients | 43274 |
| Total Stafford loan amount | $560,540,478 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 182 |
| Total GI Bill amount | $719,941 |
| Average GI Bill amount per recipient | $3,956 |
References
More about our data sources and methodologies.