by our College Data Analytics TeamMost students are not billed 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 sum total of attendance at Davenport University can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can Davenport University offer, and what will you qualify for? Keep reading for more information. Keep reading to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Davenport 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.
Looking at the entering class at Davenport University, 100% of the incoming full-time class was awarded financial aid around 484 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $18,803 |
| Institutional grants & scholarships | 100% | $12,334 |
| Federal Pell grants | 39% | $5,868 |
| State/local grants | 58% | $6,957 |
| Federal student loans | 57% | $8,923 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 93% of undergraduates were awarded grant or scholarship aid averaging $12,114 (across roughly 3569 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $12,114 |
| Federal Pell grants | 34% | $5,245 |
| Federal student loans | 46% | $10,009 |
On-campus students receiving title-IV aid were awarded grants averaging $19,612.
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 | $19,664 |
| $30,001 – $75,000 | $24,755 |
| Over $75,000 | $21,800 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,707 |
| Off-campus title-IV students | $19,988 |
For an estimate tailored to your family circumstances, see Davenport University’s net price calculator: davenport.studentaidcalculator.com/survey.aspx.
The middle student in the debt distribution at Davenport University owes $17,353 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,353 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Davenport University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,800 |
| 25th percentile | $6,314 |
| 75th percentile | $32,250 |
| 90th percentile (highest-debt students) | $47,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $18,000 |
| Middle income | $17,500 |
| High income | $15,813 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,044 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,250 |
| Independent students | $18,750 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Davenport University.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Davenport University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 61032 |
| Total Stafford loan amount | $1,749,288,110 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 136 |
| Total GI Bill amount | $1,846,932 |
| Average GI Bill amount per recipient | $13,580 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 36 |
| Total DoD amount | $92,478 |
| Average DoD amount per recipient | $2,569 |
References
More about our data sources and methodologies.