by our College Data Analytics TeamThe majority of students will not be asked to pay 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 Grace Christian University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can Grace offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Grace Christian University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Grace Christian University, 96% of entering full-time freshmen got some type of financial assistance roughly 66 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $12,951 |
| Institutional grants & scholarships | 86% | $5,443 |
| Federal Pell grants | 51% | $5,167 |
| State/local grants | 64% | $7,501 |
| Federal student loans | 64% | $5,434 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Grace, around 83% of undergraduate students received gift aid averaging $6,956 (for some 738 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $6,956 |
| Federal Pell grants | 47% | $4,781 |
| Federal student loans | 54% | $7,466 |
For on-campus title-IV students, average grant aid came to $13,762.
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 | $11,658 |
| $30,001 – $75,000 | $10,961 |
| Over $75,000 | $18,800 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,404 |
| Off-campus title-IV students | $13,996 |
For an estimate tailored to your family circumstances, see Grace’s official net price calculator: gracechristian.edu/wp-content/uploads/2024/04/index-edit.html.
The median student at Grace graduates with $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $24,375 |
| Typical 10-year monthly payment (graduates) | $258.42/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Grace.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,957 |
| 25th percentile | $4,012 |
| 75th percentile | $18,848 |
| 90th percentile (highest-debt students) | $27,375 |
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 | $8,268 |
| Middle income | $12,000 |
| High income | $14,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,756 |
| Continuing-generation students | $14,068 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,250 |
| Independent students | $8,436 |
The figure below distills the debt data into a single burden category for Grace.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Grace:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3724 |
| Total Stafford loan amount | $52,062,704 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 42 |
| Total GI Bill amount | $213,732 |
| Average GI Bill amount per recipient | $5,089 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 13 |
| Total DoD amount | $28,882 |
| Average DoD amount per recipient | $2,222 |
References
More about our data sources and methodologies.