by our College Data Analytics TeamThe majority of students will never be charged 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 sum total of attendance at Dickinson State University can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can DSU offer, and what will you qualify for? Keep reading for more information. Keep going to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Dickinson State University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Dickinson State University, 95% of first-year full-time students received aid of some kind roughly 204 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $5,667 |
| Institutional grants & scholarships | 87% | $3,469 |
| Federal Pell grants | 27% | $5,047 |
| State/local grants | 29% | $2,346 |
| Federal student loans | 47% | $4,782 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, roughly 73% of undergraduate students received gift aid averaging $5,827 (for some 1011 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $5,827 |
| Federal Pell grants | 21% | $4,728 |
| Federal student loans | 34% | $6,071 |
For students living on campus and receiving title-IV aid, grants averaged $6,475.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,523 |
| $30,001 – $75,000 | $13,345 |
| Over $75,000 | $17,076 |
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 | $14,092 |
| Off-campus title-IV students | $15,270 |
For an estimate tailored to your family circumstances, see DSU’s NPC: www.dickinsonstate.edu/Assets/uploads/files/financial-aid/netpricecalculator/npcalc.htm.
A typical borrower at DSU leaves with $11,960 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,960 |
| Median federal debt (graduates only) | $18,442 |
| Typical 10-year monthly payment (graduates) | $195.52/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 DSU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,250 |
| 75th percentile | $19,000 |
| 90th percentile (highest-debt students) | $27,800 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,500 |
| Middle income | $11,919 |
| High income | $12,000 |
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 | $10,684 |
| Independent students | $14,250 |
A handful of calculated indicators summarize the debt outlook at DSU.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at DSU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5297 |
| Total Stafford loan amount | $68,533,605 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 14 |
| Total GI Bill amount | $78,218 |
| Average GI Bill amount per recipient | $5,587 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $17,489 |
| Average DoD amount per recipient | $2,915 |
References
More about our data sources and methodologies.