by our College Data Analytics TeamA large number 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 total price of attendance at Iona University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does Iona deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover how much school funding could be available to you.
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 Iona 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.
At Iona University, 100% of new full-time first-years were awarded at least some aid approximately 800 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $30,780 |
| Institutional grants & scholarships | 100% | $27,566 |
| Federal Pell grants | 36% | $5,537 |
| State/local grants | 28% | $3,987 |
| Federal student loans | 51% | $5,274 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Iona, some 86% of undergrads got grants or scholarships worth on average $28,770 (for some 2701 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $28,770 |
| Federal Pell grants | 28% | $5,495 |
| Federal student loans | 44% | $6,303 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $31,059.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $26,020 |
| $30,001 – $75,000 | $27,047 |
| Over $75,000 | $29,998 |
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 | $29,188 |
| Off-campus title-IV students | $27,951 |
To project your own net price, use Iona’s NPC: www.iona.edu/offices/student-financial-services/costs-attendance/net-price-calculator.
A typical borrower at Iona leaves with $19,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $25,999 |
| Typical 10-year monthly payment (graduates) | $275.63/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Iona.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $7,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,435 |
| Middle income | $19,500 |
| High income | $19,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $19,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Iona.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Iona:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14569 |
| Total Stafford loan amount | $303,676,695 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $249,437 |
| Average GI Bill amount per recipient | $16,629 |
References
More about our data sources and methodologies.