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 total cost of going to Capital University can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Capital offer you, and what will you qualify for? Keep reading for more information. Keep reading to see how much school funding could be available 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 Capital University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Capital University, 99% of new full-time first-years were awarded at least some aid roughly 410 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $34,471 |
| Institutional grants & scholarships | 99% | $30,398 |
| Federal Pell grants | 41% | $5,925 |
| State/local grants | 31% | $4,622 |
| Federal student loans | 65% | $5,668 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Capital, approximately 94% of undergrads got grants or scholarships worth on average $30,746 (for some 1648 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $30,746 |
| Federal Pell grants | 34% | $5,709 |
| Federal student loans | 63% | $6,776 |
For students living on campus and receiving title-IV aid, grants averaged $34,554.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,377 |
| $30,001 – $75,000 | $21,126 |
| Over $75,000 | $26,097 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $22,576 |
| Off-campus title-IV students | $23,585 |
For a personalized estimate based on your family’s financial situation, use Capital’s official net price calculator: www.capital.edu/admission-aid/office-of-financial-aid/.
The median student at Capital graduates with $20,927 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,927 |
| Median federal debt (graduates only) | $26,889 |
| Typical 10-year monthly payment (graduates) | $285.07/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Capital.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,518 |
| 25th percentile | $8,250 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $33,333 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $23,000 |
| Middle income | $19,500 |
| High income | $21,354 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,479 |
| Continuing-generation students | $20,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,500 |
| Independent students | $25,000 |
The figure below distills the debt data into a single burden category for Capital.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Capital:
| Metric | Value |
|---|---|
| Stafford loan recipients | 17096 |
| Total Stafford loan amount | $475,616,541 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 28 |
| Total GI Bill amount | $442,097 |
| Average GI Bill amount per recipient | $15,789 |
References
More about our data sources and methodologies.