by our College Data Analytics TeamA large number 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 Felician University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Felician offer, and what will you qualify for? Keep scrolling for more information. Scroll down to find out just how much financial aid will 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. The figures below will help you estimate the aid you might receive from Felician University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Felician University, 99% of the incoming full-time class was awarded financial aid approximately 348 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $34,668 |
| Institutional grants & scholarships | 99% | $22,700 |
| Federal Pell grants | 61% | $6,705 |
| State/local grants | 57% | $13,566 |
| Federal student loans | 45% | $8,073 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Felician, approximately 84% of the undergraduate population received grant aid that averaged $30,719 (across approximately 1501 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $30,719 |
| Federal Pell grants | 52% | $6,070 |
| Federal student loans | 55% | $7,303 |
For on-campus title-IV students, average grant aid came to $10,271.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $41,265 |
| $30,001 – $75,000 | $41,997 |
| Over $75,000 | $40,438 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $40,045 |
| Off-campus title-IV students | $41,315 |
For a customized cost estimate, visit Felician’s online cost calculator: felician.edu/admissions/undergraduate-admissions/net-price-calculator.
The median student at Felician graduates with $19,250 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,250 |
| 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. These percentiles trace how cumulative federal debt is spread among borrowers at Felician.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,250 |
| 25th percentile | $9,533 |
| 75th percentile | $28,750 |
| 90th percentile (highest-debt students) | $38,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $18,750 |
| Middle income | $21,167 |
| High income | $20,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,250 |
| Continuing-generation students | $20,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $18,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at Felician.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Felician:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7657 |
| Total Stafford loan amount | $177,867,498 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $113,945 |
| Average GI Bill amount per recipient | $9,495 |
References
More about our data sources and methodologies.