by our College Data Analytics TeamMost 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 sum total of attendance at Butler University can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Butler provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling 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. The figures below will help you estimate the aid you might receive from Butler 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.
Looking at the entering class at Butler University, 98% of entering full-time freshmen got some type of financial assistance (about 1128 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $27,790 |
| Institutional grants & scholarships | 96% | $25,070 |
| Federal Pell grants | 19% | $5,499 |
| State/local grants | 17% | $10,067 |
| Federal student loans | 47% | $5,483 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, approximately 92% of undergraduates were awarded an average grant or scholarship of $25,750 (across roughly 4174 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $25,750 |
| Federal Pell grants | 15% | $5,585 |
| Federal student loans | 43% | $7,051 |
For students living on campus and receiving title-IV aid, grants averaged $29,929.
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 | $29,761 |
| $30,001 – $75,000 | $34,022 |
| Over $75,000 | $42,292 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $36,041 |
| Off-campus title-IV students | $38,472 |
To get a personalized net price estimate, try Butler’s net price tool: app.meadowfi.com/butler.
Graduating students at Butler carry a median federal student debt of $22,238 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $22,238 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Butler.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $13,000 |
| 75th percentile | $28,520 |
| 90th percentile (highest-debt students) | $35,400 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $22,000 |
| Middle income | $21,500 |
| High income | $22,812 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,250 |
| Continuing-generation students | $21,356 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,000 |
| Independent students | $23,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Butler.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Butler:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12103 |
| Total Stafford loan amount | $251,122,314 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 64 |
| Total GI Bill amount | $1,263,813 |
| Average GI Bill amount per recipient | $19,747 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,070 |
| Average DoD amount per recipient | $3,070 |
References
More about our data sources and methodologies.