by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Jose Maria Vargas University can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can JMVU offer you, and what will you qualify for? Keep reading for more information. Read on to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Jose Maria Vargas University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at JMVU, approximately 54% of undergraduates were awarded an average grant or scholarship of $5,316 (among about 56 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $5,316 |
| Federal Pell grants | 52% | $5,446 |
| Federal student loans | 73% | $10,096 |
A typical borrower at JMVU leaves with $14,250 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,250 |
The figure below distills the debt data into a single burden category for JMVU.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at JMVU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 154 |
| Total Stafford loan amount | $2,514,258 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.