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Concord University Financial Aid and Scholarship Details

99% Freshmen Get Financial Aid
$11,942 Average Grant & Scholarship
89% Undergrads Get Grant Aid

A large number of students are not billed 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 sum total of attendance at Concord University can sound overpowering, but remember that the majority of students get some type of financial assistance.

Just what financing solutions does Concord University provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out what amount of financial assistance will be accessible to you.

Understanding Concord University Financial Aid Info

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 Concord University.

Financial Aid for First-Year Students at Concord University

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At Concord University, 99% of first-year full-time students received aid of some kind around 434 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)97%$11,072
Institutional grants & scholarships83%$5,543
Federal Pell grants53%$5,910
State/local grants64%$4,438
Federal student loans44%$6,575

Undergraduate Grant Aid at Concord University

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, roughly 89% of undergraduates were awarded grant or scholarship aid averaging $11,942 (among about 1315 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)89%$11,942
Federal Pell grants50%$5,759
Federal student loans46%$7,290

For on-campus title-IV students, average grant aid came to $10,468.

How Cost Varies by Income at Concord University

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$8,588
$30,001 – $75,000$10,052
Over $75,000$13,632

Each figure is the net price after grants and scholarships, not the published sticker price.

The Real Cost of Attending Concord University

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$9,966
Off-campus title-IV students$9,983

For an estimate tailored to your family circumstances, see Concord University’s net price tool: concord.studentaidcalculator.com/survey.aspx.

What Students Owe at Concord University

The median student at Concord University graduates with $11,250 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$11,250
Median federal debt (graduates only)$18,900
Typical 10-year monthly payment (graduates)$200.37/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Where Student Debt Falls

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Concord University.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$5,500
75th percentile$23,031
90th percentile (highest-debt students)$33,620

How Debt Outcomes Vary by Student Group at Concord University

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$11,207
Middle income$10,560
High income$11,825

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$11,039
Continuing-generation students$12,000

By Dependency Status

CohortMedian federal debt
Dependent students$10,096
Independent students$13,750

Summary Debt Indicators

The figure below distills the debt data into a single burden category for Concord University.

Stafford Loan Activity at Concord University

Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Concord University:

MetricValue
Stafford loan recipients9908
Total Stafford loan amount$166,595,911

GI Bill and DoD Benefits at Concord University

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

MetricValue
GI Bill recipients23
Total GI Bill amount$165,070
Average GI Bill amount per recipient$7,177

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients6
Total DoD amount$22,808
Average DoD amount per recipient$3,801

References

More about our data sources and methodologies.

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