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Eastern Mennonite University Financial Aid & Debt Outcomes

99% Freshmen Get Financial Aid
$31,303 Average Grant & Scholarship
87% Undergrads Get Grant Aid

A lot of 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 total price of attendance at Eastern Mennonite University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financial aid options can Eastern Mennonite offer you, and what will you qualify for? Keep reading for more information. Scroll down to find out what amount of financial assistance will be accessible to you.

Understanding Eastern Mennonite Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Eastern Mennonite University.

Freshman Financial Aid at Eastern Mennonite University

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Looking at the entering class at Eastern Mennonite University, 99% of first-time, full-time freshmen received some form of financial aid roughly 183 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)96%$32,378
Institutional grants & scholarships96%$26,071
Federal Pell grants40%$5,315
State/local grants68%$4,692
Federal student loans64%$5,359

Scholarships and Grants at Eastern Mennonite University

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Eastern Mennonite, around 87% of the undergraduate population received grant aid that averaged $31,303 (covering around 751 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)87%$31,303
Federal Pell grants33%$5,426
Federal student loans56%$6,802

For on-campus title-IV students, average grant aid came to $32,168.

What Families Pay by Income at Eastern Mennonite University

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$15,449
$30,001 – $75,000$18,690
Over $75,000$29,178

Each figure is the net price after grants and scholarships, not the published sticker price.

Average Net Price for Eastern Mennonite University

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.

CohortAverage Net Price
On-campus title-IV students$24,588
Off-campus title-IV students$23,615

For an estimate tailored to your family circumstances, see Eastern Mennonite’s official net price calculator: emu.edu/financial-aid/estimator.

Typical Student Debt at Eastern Mennonite University

Graduating students at Eastern Mennonite carry a median federal student debt of $16,750 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$16,750
Median federal debt (graduates only)$24,813
Typical 10-year monthly payment (graduates)$263.06/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Debt Spread by Percentile

The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Eastern Mennonite.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,600
25th percentile$7,200
75th percentile$25,025
90th percentile (highest-debt students)$33,500

Debt Outcomes by Student Group at Eastern Mennonite University

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$15,750
Middle income$17,033
High income$16,812

First-Generation Comparison

CohortMedian federal debt
First-generation students$16,846
Continuing-generation students$16,250

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$17,500
Independent students$14,849

At-a-Glance Debt Indicators

A handful of calculated indicators summarize the debt outlook at Eastern Mennonite.

Federal Student Loans at Eastern Mennonite University

Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Eastern Mennonite:

MetricValue
Stafford loan recipients4571
Total Stafford loan amount$83,889,134

Veteran and Military Aid at Eastern Mennonite University

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients12
Total GI Bill amount$206,986
Average GI Bill amount per recipient$17,249

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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