A lot 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 Davis College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does Davis College offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Davis College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Davis College, 20% of first-time, full-time freshmen received some form of financial aid approximately 2 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 20% | $5,681 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 20% | $5,369 |
| State/local grants | 0% | — |
| Federal student loans | 10% | $11,671 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 54% of undergrads got grants or scholarships worth on average $6,032 (covering around 51 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $6,032 |
| Federal Pell grants | 45% | $5,199 |
| Federal student loans | 53% | $7,959 |
For on-campus title-IV students, average grant aid came to $5,681.
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 | $22,263 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,181 |
| Off-campus title-IV students | $22,263 |
To project your own net price, use Davis College’s official net price calculator: www.davisuniversity.edu/documents/npcalc/npcalc.html.
The median student at Davis College graduates with $11,996 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,996 |
| Median federal debt (graduates only) | $21,277 |
| Typical 10-year monthly payment (graduates) | $225.57/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Davis College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,167 |
| 75th percentile | $26,750 |
| 90th percentile (highest-debt students) | $35,333 |
The figure below distills the debt data into a single burden category for Davis College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Davis College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3583 |
| Total Stafford loan amount | $62,495,452 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.