by our College Data Analytics TeamA large number of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to DePauw University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does DePauw provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn 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 DePauw University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at DePauw University, 99% of entering full-time freshmen got some type of financial assistance roughly 497 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $42,909 |
| Institutional grants & scholarships | 99% | $41,690 |
| Federal Pell grants | 17% | $5,031 |
| State/local grants | 3% | $11,221 |
| Federal student loans | 28% | $5,061 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, around 98% of undergrads got grants or scholarships worth on average $42,882 (across approximately 1782 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $42,882 |
| Federal Pell grants | 16% | $5,390 |
| Federal student loans | 32% | $6,376 |
For on-campus title-IV students, average grant aid came to $52,056.
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 | $14,115 |
| $30,001 – $75,000 | $16,890 |
| Over $75,000 | $31,323 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $22,264 |
| Off-campus title-IV students | $24,546 |
For an estimate tailored to your family circumstances, see DePauw’s online cost calculator: app.meadowfi.com/depauw.
A typical borrower at DePauw leaves with $24,733 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $24,733 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at DePauw.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $24,000 |
| Middle income | $24,750 |
| High income | $25,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,000 |
| Continuing-generation students | $24,137 |
The figure below distills the debt data into a single burden category for DePauw.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at DePauw:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4551 |
| Total Stafford loan amount | $70,932,804 |
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 | $128,519 |
| Average GI Bill amount per recipient | $18,360 |
References
More about our data sources and methodologies.