by our College Data Analytics TeamThe majority of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Evangel University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Evangel offer, and what will you qualify for? Read on for more information. Keep going to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Evangel University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Evangel University, 100% of the incoming full-time class was awarded financial aid roughly 330 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $20,695 |
| Institutional grants & scholarships | 100% | $17,635 |
| Federal Pell grants | 37% | $5,558 |
| State/local grants | 34% | $2,482 |
| Federal student loans | 92% | $6,331 |
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 Evangel, roughly 84% of undergraduates were awarded an average grant or scholarship of $20,204 (across approximately 1205 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $20,204 |
| Federal Pell grants | 31% | $5,520 |
| Federal student loans | 74% | $7,751 |
Title-IV recipients living on campus saw average grant aid of $21,287.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,713 |
| $30,001 – $75,000 | $17,683 |
| Over $75,000 | $20,724 |
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 | $18,669 |
| Off-campus title-IV students | $18,705 |
For an estimate tailored to your family circumstances, see Evangel’s official net price calculator: www.evangel.edu/financial-aid-and-scholarships/net-price-calculator/.
The median federal debt load at Evangel comes to $17,495 in federal loans.
| 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.
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 Evangel.
| 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 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $15,764 |
| Middle income | $18,750 |
| High income | $18,196 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,000 |
| Continuing-generation students | $19,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,490 |
| Independent students | $17,639 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Evangel.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Evangel:
| 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 | 33 |
| Total GI Bill amount | $491,306 |
| Average GI Bill amount per recipient | $14,888 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $14,250 |
| Average DoD amount per recipient | $3,563 |
References
More about our data sources and methodologies.