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Heidelberg University Financial Aid & Debt Outcomes

100% Freshmen Get Financial Aid
$26,347 Average Grant & Scholarship
98% Undergrads Get Grant Aid

The majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Heidelberg University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

Just what financial aid solutions can Heidelburg College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see what amount of financial assistance could be accessible to you.

Understanding Heidelburg College Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Heidelberg University.

Freshman Financial Aid at Heidelberg University

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

For freshmen starting at Heidelberg University, 100% of first-time, full-time freshmen received some form of financial aid around 286 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$27,363
Institutional grants & scholarships99%$21,473
Federal Pell grants45%$5,227
State/local grants59%$5,767
Federal student loans98%$4,243

Scholarships and Grants at Heidelberg University

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, about 98% of undergrads got grants or scholarships worth on average $26,347 (across roughly 818 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)98%$26,347
Federal Pell grants37%$5,378
Federal student loans91%$5,445

For students living on campus and receiving title-IV aid, grants averaged $26,469.

What Families Pay by Income at Heidelberg University

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$17,422
$30,001 – $75,000$18,038
Over $75,000$25,170

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Net Price at Heidelberg University

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$20,556
Off-campus title-IV students$21,662

For a personalized estimate based on your family’s financial situation, use Heidelburg College’s net price calculator: heidelberg.aidcalc.cloud/#window_top.

Typical Student Debt at Heidelberg University

Graduating students at Heidelburg College carry a median federal student debt of $20,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$20,500
Median federal debt (graduates only)$27,000
Typical 10-year monthly payment (graduates)$286.24/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Debt Spread by Percentile

The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Heidelburg College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,750
25th percentile$7,250
75th percentile$29,000
90th percentile (highest-debt students)$34,408

How Debt Outcomes Vary by Student Group at Heidelberg University

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$15,750
Middle income$21,500
High income$21,500

By First-Generation Status

CohortMedian federal debt
First-generation students$20,000
Continuing-generation students$22,624

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$20,500
Independent students$14,750

Calculated Debt-Outcome Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Heidelburg College.

Stafford Loan Activity at Heidelberg University

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Heidelburg College:

MetricValue
Stafford loan recipients6419
Total Stafford loan amount$120,794,589

Veteran and Military Aid at Heidelberg University

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.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients7
Total GI Bill amount$159,836
Average GI Bill amount per recipient$22,834

References

More about our data sources and methodologies.

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