by our College Data Analytics TeamMost students will never be charged 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 Heritage University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Heritage University offer, and what will you qualify for? Read on for more information. Keep reading to discover what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Heritage University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Heritage University, 98% of first-time, full-time freshmen received some form of financial aid around 123 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $15,642 |
| Institutional grants & scholarships | 87% | $3,739 |
| Federal Pell grants | 79% | $5,061 |
| State/local grants | 73% | $10,752 |
| Federal student loans | 20% | $5,036 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, some 96% of undergraduates were awarded grant or scholarship aid averaging $16,915 (covering around 749 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $16,915 |
| Federal Pell grants | 67% | $5,184 |
| Federal student loans | 36% | $7,172 |
Title-IV recipients living on campus saw average grant aid of $16,611.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,342 |
| $30,001 – $75,000 | $12,339 |
| Over $75,000 | $13,627 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $14,598 |
| Off-campus title-IV students | $11,893 |
To project your own net price, use Heritage University’s NPC: www.heritage.edu/net-price-calculator.htm.
The median federal debt load at Heritage University comes to $11,925 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,925 |
| Median federal debt (graduates only) | $14,573 |
| Typical 10-year monthly payment (graduates) | $154.5/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Heritage University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $7,000 |
| 75th percentile | $28,728 |
| 90th percentile (highest-debt students) | $39,438 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $10,155 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,055 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,638 |
| Independent students | $12,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Heritage University.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Heritage University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5743 |
| Total Stafford loan amount | $144,991,350 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $68,040 |
| Average GI Bill amount per recipient | $17,010 |
References
More about our data sources and methodologies.