by our College Data Analytics TeamMany students are not billed 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 Husson University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Husson deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to learn how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Husson 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.
At Husson University, 100% of first-year full-time students received aid of some kind some 502 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $14,847 |
| Institutional grants & scholarships | 100% | $11,600 |
| Federal Pell grants | 41% | $5,410 |
| State/local grants | 36% | $2,294 |
| Federal student loans | 81% | $5,441 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Husson, some 90% of undergraduates were awarded an average grant or scholarship of $13,284 (among about 2269 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $13,284 |
| Federal Pell grants | 39% | $4,963 |
| Federal student loans | 72% | $6,819 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $14,847.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,843 |
| $30,001 – $75,000 | $16,409 |
| Over $75,000 | $24,517 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,005 |
| Off-campus title-IV students | $20,798 |
For a customized cost estimate, visit Husson’s NPC: www.husson.edu/financial-aid/NetPrice/.
The median federal debt load at Husson comes to $21,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Husson.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $7,798 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,750 |
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 | $22,215 |
| Middle income | $20,500 |
| High income | $22,041 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,000 |
| Continuing-generation students | $21,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $21,079 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Husson.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Husson:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13590 |
| Total Stafford loan amount | $353,126,539 |
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 | 81 |
| Total GI Bill amount | $1,068,435 |
| Average GI Bill amount per recipient | $13,191 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 7 |
| Total DoD amount | $21,500 |
| Average DoD amount per recipient | $3,071 |
References
More about our data sources and methodologies.