by our College Data Analytics TeamThe majority of students are not billed 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 total price of attendance at Eastern Nazarene College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does ENC provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Eastern Nazarene College.
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.
For freshmen starting at Eastern Nazarene College, 100% of first-time, full-time freshmen received some form of financial aid approximately 82 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $20,305 |
| Institutional grants & scholarships | 100% | $17,474 |
| Federal Pell grants | 28% | $5,889 |
| State/local grants | 29% | $2,996 |
| Federal student loans | 49% | $5,275 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At ENC, some 97% of undergraduates were awarded grant or scholarship aid averaging $19,067 (among about 368 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $19,067 |
| Federal Pell grants | 32% | $5,547 |
| Federal student loans | 52% | $6,640 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $16,798.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,451 |
| $30,001 – $75,000 | $19,247 |
| Over $75,000 | $18,222 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,381 |
| Off-campus title-IV students | $17,733 |
To project your own net price, use ENC’s net price calculator: enc.edu/tuition-aid/net-price-calculator/.
The median student at ENC graduates with $19,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at ENC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,000 |
| 25th percentile | $8,750 |
| 75th percentile | $27,886 |
| 90th percentile (highest-debt students) | $36,312 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,875 |
| Middle income | $18,500 |
| High income | $20,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $20,515 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,500 |
| Independent students | $23,485 |
A handful of calculated indicators summarize the debt outlook at ENC.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at ENC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4743 |
| Total Stafford loan amount | $95,611,200 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $59,753 |
| Average GI Bill amount per recipient | $14,938 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.