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Denison University Financial Aid and Scholarship Details

94% Freshmen Get Financial Aid
$39,519 Average Grant & Scholarship
95% Undergrads Get Grant Aid

A large number of students will not be asked to pay 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 total cost of going to Denison University can seem tremendous, but do not forget that almost all students are given some form of financial help.

Just what financial aid solutions can Denison provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn how much school funding will be available to you.

Importance of Denison Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Denison University.

Typical First Year Financial Aid at Denison University

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Looking at the entering class at Denison University, 94% of entering full-time freshmen got some type of financial assistance around 600 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)94%$38,179
Institutional grants & scholarships94%$37,081
Federal Pell grants13%$5,709
State/local grants3%$4,700
Federal student loans59%$5,536

Scholarships and Grants at Denison University

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, approximately 95% of undergraduates were awarded grant or scholarship aid averaging $39,519 (across roughly 2292 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)95%$39,519
Federal Pell grants13%$5,911
Federal student loans50%$6,878

Title-IV recipients living on campus saw average grant aid of $41,893.

What Families Pay by Income at Denison 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$14,241
$30,001 – $75,000$14,235
Over $75,000$44,945

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Net Price at Denison University

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$40,007
Off-campus title-IV students$38,111

For a customized cost estimate, visit Denison’s official net price calculator: www.denison.edu/forms/net-price-calculator.

Median Student Debt for Graduates of Denison University

The middle student in the debt distribution at Denison owes $21,250 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$21,250
Median federal debt (graduates only)$26,000
Typical 10-year monthly payment (graduates)$275.64/mo

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

The Range of Student Debt at this School

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 Denison.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$10,500
75th percentile$28,000
90th percentile (highest-debt students)$31,000

Debt by Student Cohort at Denison University

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

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$19,500
Middle income$21,393
High income$22,061

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$21,500
Continuing-generation students$21,000

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at Denison.

Federal Stafford Lending at Denison University

The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Denison:

MetricValue
Stafford loan recipients4906
Total Stafford loan amount$73,519,628

Veterans Benefits at Denison University

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients10
Total GI Bill amount$403,131
Average GI Bill amount per recipient$40,313

References

More about our data sources and methodologies.

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