by our College Data Analytics TeamA large number of 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 price tag of going to Defiance College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Defiance College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out what amount of financial assistance will be accessible 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 information provided on this page can help you determine how much aid you may receive from Defiance College.
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 Defiance College, 100% of the incoming full-time class was awarded financial aid approximately 131 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $27,024 |
| Institutional grants & scholarships | 99% | $22,261 |
| Federal Pell grants | 66% | $4,997 |
| State/local grants | 27% | $3,820 |
| Federal student loans | 79% | $5,276 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Defiance College, some 94% of undergraduates were awarded grant or scholarship aid averaging $27,331 (across approximately 434 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $27,331 |
| Federal Pell grants | 50% | $5,351 |
| Federal student loans | 72% | $6,749 |
On-campus students receiving title-IV aid were awarded grants averaging $27,330.
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 | $20,659 |
| $30,001 – $75,000 | $22,933 |
| Over $75,000 | $27,068 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $26,337 |
| Off-campus title-IV students | $23,722 |
To get a personalized net price estimate, try Defiance College’s net price calculator: www.defiance.edu/financial-aid/index.html.
The median federal debt load at Defiance College comes to $11,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,000 |
| Median federal debt (graduates only) | $26,813 |
| Typical 10-year monthly payment (graduates) | $284.26/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Defiance College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,971 |
| 25th percentile | $6,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $39,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,000 |
| Middle income | $13,500 |
| High income | $14,875 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,600 |
| Independent students | $14,500 |
The figure below distills the debt data into a single burden category for Defiance College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Defiance College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4396 |
| Total Stafford loan amount | $80,103,538 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $112,806 |
| Average GI Bill amount per recipient | $16,115 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 5 |
| Total DoD amount | $21,509 |
| Average DoD amount per recipient | $4,302 |
References
More about our data sources and methodologies.