by our College Data Analytics TeamMany students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Fordham University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Fordham U deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Fordham University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Fordham University, 95% of new full-time first-years were awarded at least some aid roughly 2298 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $35,988 |
| Institutional grants & scholarships | 95% | $33,338 |
| Federal Pell grants | 22% | $6,158 |
| State/local grants | 18% | $5,306 |
| Federal student loans | 51% | $5,262 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Fordham U, about 87% of undergraduates were awarded grant or scholarship aid averaging $33,993 (across roughly 8985 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $33,993 |
| Federal Pell grants | 21% | $5,941 |
| Federal student loans | 47% | $6,463 |
Title-IV recipients living on campus saw average grant aid of $38,424.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $32,012 |
| $30,001 – $75,000 | $35,699 |
| Over $75,000 | $48,689 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $44,338 |
| Off-campus title-IV students | $42,581 |
For a customized cost estimate, visit Fordham U’s net price calculator: www.fordham.edu/undergraduate-financial-aid/financing-your-fordham-education/net-price-calculator/.
The median federal debt load at Fordham U comes to $20,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,500 |
| Median federal debt (graduates only) | $24,300 |
| Typical 10-year monthly payment (graduates) | $257.62/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Fordham U.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,450 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,230 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,500 |
| Middle income | $20,500 |
| High income | $23,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,246 |
| Continuing-generation students | $21,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,500 |
| Independent students | $15,688 |
The figure below distills the debt data into a single burden category for Fordham U.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Fordham U:
| Metric | Value |
|---|---|
| Stafford loan recipients | 45271 |
| Total Stafford loan amount | $1,323,471,566 |
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 | 225 |
| Total GI Bill amount | $6,415,331 |
| Average GI Bill amount per recipient | $28,513 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $5,250 |
| Average DoD amount per recipient | $1,750 |
References
More about our data sources and methodologies.