by our College Data Analytics TeamMost 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 total price of attendance at Howard Payne University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Howard Payne deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Howard Payne 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.
For freshmen starting at Howard Payne University, 91% of first-year full-time students received aid of some kind roughly 183 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $20,357 |
| Institutional grants & scholarships | 91% | $15,194 |
| Federal Pell grants | 50% | $5,362 |
| State/local grants | 57% | $3,013 |
| Federal student loans | 74% | $7,530 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Howard Payne, approximately 81% of undergraduates were awarded an average grant or scholarship of $27,099 (covering around 625 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $27,099 |
| Federal Pell grants | 44% | $5,629 |
| Federal student loans | 69% | $9,521 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $23,139.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,357 |
| $30,001 – $75,000 | $24,038 |
| Over $75,000 | $29,637 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,627 |
| Off-campus title-IV students | $25,744 |
To get a personalized net price estimate, try Howard Payne’s NPC: www.hputx.edu/campus-offices/financial-aid/net-price-calculator-external/.
The middle student in the debt distribution at Howard Payne owes $11,892 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,892 |
| Median federal debt (graduates only) | $26,793 |
| Typical 10-year monthly payment (graduates) | $284.05/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Howard Payne.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $23,500 |
| 90th percentile (highest-debt students) | $33,000 |
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 | $9,500 |
| Middle income | $13,166 |
| High income | $11,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,988 |
| Continuing-generation students | $11,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $23,025 |
The figure below distills the debt data into a single burden category for Howard Payne.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Howard Payne:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6069 |
| Total Stafford loan amount | $99,062,903 |
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 | 16 |
| Total GI Bill amount | $140,628 |
| Average GI Bill amount per recipient | $8,789 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.