by our College Data Analytics TeamA lot of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Christopher Newport University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will CNU provide, and just what are you going to be eligible for? Read on for answers. Read on to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Christopher Newport University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Christopher Newport University, 78% of entering full-time freshmen got some type of financial assistance approximately 904 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $10,494 |
| Institutional grants & scholarships | 57% | $5,278 |
| Federal Pell grants | 19% | $5,552 |
| State/local grants | 28% | $9,139 |
| Federal student loans | 41% | $5,204 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, roughly 57% of the undergraduate population received grant aid that averaged $10,626 (across approximately 2516 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $10,626 |
| Federal Pell grants | 16% | $5,546 |
| Federal student loans | 37% | $6,106 |
Title-IV recipients living on campus saw average grant aid of $10,751.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,513 |
| $30,001 – $75,000 | $13,509 |
| Over $75,000 | $28,960 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $23,015 |
| Off-campus title-IV students | $22,197 |
For a customized cost estimate, visit CNU’s NPC: cnu.edu/financialaid/calculator/npcalc.htm.
The middle student in the debt distribution at CNU owes $19,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at CNU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $30,820 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $20,000 |
| Middle income | $21,230 |
| High income | $19,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,500 |
| Continuing-generation students | $19,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $23,000 |
The figure below distills the debt data into a single burden category for CNU.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at CNU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12982 |
| Total Stafford loan amount | $227,013,394 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 197 |
| Total GI Bill amount | $2,741,254 |
| Average GI Bill amount per recipient | $13,915 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,758 |
| Average DoD amount per recipient | $1,758 |
References
More about our data sources and methodologies.