by our College Data Analytics TeamA lot of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Calvary University can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Calvary deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to discover what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Calvary University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Calvary University, 88% of the incoming full-time class was awarded financial aid (about 21 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $4,836 |
| Institutional grants & scholarships | 79% | $2,692 |
| Federal Pell grants | 38% | $5,447 |
| State/local grants | 0% | — |
| Federal student loans | 29% | $7,071 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 68% of undergraduate students received gift aid averaging $7,194 (among about 134 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $7,194 |
| Federal Pell grants | 31% | $8,678 |
| Federal student loans | 24% | $7,676 |
For on-campus title-IV students, average grant aid came to $7,604.
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 | $10,823 |
| $30,001 – $75,000 | $12,054 |
| Over $75,000 | $16,116 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $16,334 |
| Off-campus title-IV students | $12,860 |
To project your own net price, use Calvary’s net price calculator: www.calvary.edu/net-cost-calculator/.
The middle student in the debt distribution at Calvary owes $12,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,500 |
| Median federal debt (graduates only) | $20,839 |
| Typical 10-year monthly payment (graduates) | $220.93/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Calvary.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $21,321 |
| 90th percentile (highest-debt students) | $35,948 |
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 | $10,927 |
| Middle income | $11,806 |
| High income | $18,625 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,893 |
| Continuing-generation students | $11,843 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,738 |
| Independent students | $19,962 |
These indicators are derived from the underlying debt data and summarize the overall picture at Calvary.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Calvary:
| Metric | Value |
|---|---|
| Stafford loan recipients | 808 |
| Total Stafford loan amount | $17,840,562 |
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 | 12 |
| Total GI Bill amount | $23,128 |
| Average GI Bill amount per recipient | $1,927 |
References
More about our data sources and methodologies.