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Daemen University Financial Aid & Debt Outcomes

100% Freshmen Get Financial Aid
$22,007 Average Grant & Scholarship
95% Undergrads Get Grant Aid

A large number of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Daemen University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financing options does Daemen College offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to find out how much school funding will be available to you.

Importance of Daemen College 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 Daemen University.

Typical First Year Financial Aid at Daemen University

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For incoming first-year students at Daemen University, 100% of new full-time first-years were awarded at least some aid around 374 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$25,905
Institutional grants & scholarships99%$22,175
Federal Pell grants40%$6,022
State/local grants38%$3,432
Federal student loans74%$5,408

Scholarship and Grant Awards at Daemen University

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Daemen College, approximately 95% of undergraduates were awarded an average grant or scholarship of $22,007 (covering around 1709 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)95%$22,007
Federal Pell grants46%$6,315
Federal student loans63%$6,833

Title-IV recipients living on campus saw average grant aid of $26,499.

Income-Adjusted Net Price at Daemen University

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$11,041
$30,001 – $75,000$14,438
Over $75,000$23,661

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

What Students Actually Pay at Daemen University

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$18,693
Off-campus title-IV students$18,244

To project your own net price, use Daemen College’s net price calculator: www.daemen.edu/admissions/tuition-fees-2024-2025.

How Much Students Borrow at Daemen University

The median student at Daemen College graduates with $15,041 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$15,041
Median federal debt (graduates only)$22,091
Typical 10-year monthly payment (graduates)$234.2/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

Where Student Debt Falls

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Daemen College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,750
25th percentile$7,000
75th percentile$25,029
90th percentile (highest-debt students)$29,249

Debt Outcomes by Student Group at Daemen University

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$12,500
Middle income$15,750
High income$17,375

First-Generation Comparison

CohortMedian federal debt
First-generation students$15,000
Continuing-generation students$15,555

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$18,081
Independent students$12,500

At-a-Glance Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Daemen College.

Stafford Loan Activity at Daemen University

The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Daemen College:

MetricValue
Stafford loan recipients11288
Total Stafford loan amount$228,389,350

Veteran and Military Aid at Daemen University

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients13
Total GI Bill amount$202,501
Average GI Bill amount per recipient$15,577

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

External Resources for Daemen University

References

More about our data sources and methodologies.

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