by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Uncover the various financial aid options provided by DePaul and determine which ones you may be eligible for by continuing your exploration.
$24,259.00 is the typical DePaul University’s first year financial aid package. A significant 98% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from DePaul University you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers listed below make reference to help that is offered by DePaul University.
97% of new students (2551 total) were given scholarships at DePaul University, averaging $21,443.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 50% of first-year students (1302 total) got a federal grant, for about $3,542.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 14.04% | $29,999.00 |
| Income 30k-48k | 8.89% | $29,870.00 |
| Income 48k-75k | 9.50% | $28,545.00 |
| Income 75k-110k | 8.77% | $24,794.00 |
| Income 110k + | 19.95% | $20,677.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 2622 undergraduate students at DePaul University around 98% (2552 total) receive some form of grant aid. The typical amount awarded was $24,259.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
