by our College Data Analytics TeamA 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 cost of going to Fairleigh Dickinson University-Metropolitan Campus can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financing solutions does FDU provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Fairleigh Dickinson University-Metropolitan Campus.
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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Fairleigh Dickinson University-Metropolitan Campus, 99% of first-year full-time students received aid of some kind approximately 545 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $33,807 |
| Institutional grants & scholarships | 98% | $23,123 |
| Federal Pell grants | 61% | $6,506 |
| State/local grants | 49% | $12,695 |
| Federal student loans | 48% | $5,293 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At FDU, roughly 35% of undergraduate students received gift aid averaging $30,617 (among about 1911 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 35% | $30,617 |
| Federal Pell grants | 22% | $5,993 |
| Federal student loans | 21% | $7,186 |
On-campus students receiving title-IV aid were awarded grants averaging $34,901.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,173 |
| $30,001 – $75,000 | $13,443 |
| Over $75,000 | $25,925 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $15,404 |
| Off-campus title-IV students | $15,266 |
To get a personalized net price estimate, try FDU’s NPC: 1st-aid.org/schools/2040/surveys/new.
The median federal debt load at FDU comes to $19,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at FDU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,250 |
| 75th percentile | $28,000 |
| 90th percentile (highest-debt students) | $36,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $19,500 |
| High income | $19,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $19,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,000 |
| Independent students | $22,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. FDU.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at FDU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 26312 |
| Total Stafford loan amount | $658,800,160 |
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 | 77 |
| Total GI Bill amount | $948,706 |
| Average GI Bill amount per recipient | $12,321 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 11 |
| Total DoD amount | $27,500 |
| Average DoD amount per recipient | $2,500 |
References
More about our data sources and methodologies.