by our College Data Analytics TeamMany students are not billed 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 total price of attendance at Fairfield University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does Fairfield U provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see just how much financial aid could be open 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 Fairfield University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Fairfield University, 97% of new full-time first-years were awarded at least some aid (about 1398 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $26,274 |
| Institutional grants & scholarships | 96% | $25,888 |
| Federal Pell grants | 6% | $5,438 |
| State/local grants | 0% | $3,502 |
| Federal student loans | 48% | $5,369 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Fairfield U, around 93% of undergrads got grants or scholarships worth on average $26,572 (covering around 4609 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $26,572 |
| Federal Pell grants | 7% | $5,418 |
| Federal student loans | 43% | $6,492 |
On-campus students receiving title-IV aid were awarded grants averaging $27,979.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $30,705 |
| $30,001 – $75,000 | $31,930 |
| Over $75,000 | $48,726 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $48,095 |
| Off-campus title-IV students | $46,274 |
To project your own net price, use Fairfield U’s official net price calculator: npc.collegeboard.org/app/fairfield.
The median federal debt load at Fairfield U comes to $23,251 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,251 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Fairfield U.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $30,750 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $21,500 |
| Middle income | $23,250 |
| High income | $24,239 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,000 |
| Continuing-generation students | $22,867 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $23,250 |
| Independent students | $25,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Fairfield U.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Fairfield U:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10803 |
| Total Stafford loan amount | $212,812,232 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $56,205 |
| Average GI Bill amount per recipient | $5,621 |
References
More about our data sources and methodologies.