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Dominican University Financial Aid and Scholarship Details

100% Freshmen Get Financial Aid
$28,428 Average Grant & Scholarship
92% Undergrads Get Grant Aid

Many 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 Dominican University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

Just what financial aid solutions can Dominican U deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to learn how much school funding will be available to you.

Importance of Dominican U Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Dominican University.

Financial Aid for First-Year Students at Dominican University

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

At Dominican University, 100% of first-time, full-time freshmen received some form of financial aid roughly 648 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$30,756
Institutional grants & scholarships100%$21,125
Federal Pell grants67%$5,867
State/local grants100%$5,496
Federal student loans48%$4,745

Undergraduate Grant Aid at Dominican University

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Dominican U, roughly 92% of undergraduate students received gift aid averaging $28,428 (among about 2195 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)92%$28,428
Federal Pell grants52%$5,663
Federal student loans50%$6,095

For on-campus title-IV students, average grant aid came to $32,146.

Aid by Income Level at Dominican University

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$11,845
$30,001 – $75,000$14,228
Over $75,000$20,802

Remember these are net prices — what families pay after gift aid, not before.

What Students Actually Pay at Dominican University

Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.

CohortAverage Net Price
On-campus title-IV students$11,745
Off-campus title-IV students$15,113

For a customized cost estimate, visit Dominican U’s official net price calculator: www.dom.edu/admission/office-financial-aid/net-price-calculator.

What Students Owe at Dominican University

A typical borrower at Dominican U leaves with $18,750 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$18,750
Median federal debt (graduates only)$24,411
Typical 10-year monthly payment (graduates)$258.8/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

How Debt Is Distributed Across Students

A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Dominican U.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,750
25th percentile$7,500
75th percentile$27,000
90th percentile (highest-debt students)$32,000

Debt by Student Cohort at Dominican University

The figures below break down median federal debt by income tier, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$17,617
Middle income$19,000
High income$19,422

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$18,750
Continuing-generation students$18,750

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$19,000
Independent students$14,900

Calculated Debt-Outcome Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Dominican U.

Stafford Loan Activity at Dominican University

Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Dominican U:

MetricValue
Stafford loan recipients11965
Total Stafford loan amount$294,492,946

Veteran and Military Aid at Dominican University

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients16
Total GI Bill amount$225,571
Average GI Bill amount per recipient$14,098

References

More about our data sources and methodologies.

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