by our College Data Analytics TeamThe majority 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 cost of going to Evangel University-College of Online Learning can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can Evangel University-College of Online Learning provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Evangel University-College of Online Learning.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Evangel University-College of Online Learning, 100% of first-year full-time students received aid of some kind roughly 3 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $3,951 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 67% | $4,370 |
| State/local grants | 33% | $2,850 |
| Federal student loans | 100% | $4,277 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, some 58% of the undergraduate population received grant aid that averaged $6,536 (for some 140 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $6,536 |
| Federal Pell grants | 44% | $6,220 |
| Federal student loans | 69% | $8,384 |
For on-campus title-IV students, average grant aid came to $3,951.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,195 |
| $30,001 – $75,000 | $20,433 |
| Over $75,000 | $20,433 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $22,503 |
| Off-campus title-IV students | $18,354 |
For an estimate tailored to your family circumstances, see Evangel University-College of Online Learning’s net price calculator: www.evangel.edu/tuition-fees-and-billing/.
The middle student in the debt distribution at Evangel University-College of Online Learning owes $17,495 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,495 |
| Median federal debt (graduates only) | $24,736 |
| Typical 10-year monthly payment (graduates) | $262.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Evangel University-College of Online Learning.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,766 |
| 25th percentile | $7,000 |
| 75th percentile | $28,000 |
| 90th percentile (highest-debt students) | $36,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,764 |
| Middle income | $18,750 |
| High income | $18,196 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,000 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,490 |
| Independent students | $17,639 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Evangel University-College of Online Learning.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Evangel University-College of Online Learning:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9967 |
| Total Stafford loan amount | $214,010,958 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $39,212 |
| Average GI Bill amount per recipient | $5,602 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,780 |
| Average DoD amount per recipient | $3,780 |
References
More about our data sources and methodologies.