by our College Data Analytics TeamMany students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Lourdes University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Lourdes deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to learn what amount of financial assistance will 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 Lourdes 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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Lourdes University, 100% of first-year full-time students received aid of some kind roughly 127 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,149 |
| Institutional grants & scholarships | 100% | $19,248 |
| Federal Pell grants | 43% | $6,070 |
| State/local grants | 39% | $4,716 |
| Federal student loans | 95% | $4,684 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Lourdes, roughly 85% of the undergraduate population received grant aid that averaged $18,927 (across approximately 700 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $18,927 |
| Federal Pell grants | 30% | $7,395 |
| Federal student loans | 81% | $5,024 |
For students living on campus and receiving title-IV aid, grants averaged $22,172.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,626 |
| $30,001 – $75,000 | $20,190 |
| Over $75,000 | $22,797 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,206 |
| Off-campus title-IV students | $21,596 |
For a customized cost estimate, visit Lourdes’s NPC: www.lourdes.edu/costs-financial-aid/net-price-calculator/.
A typical borrower at Lourdes leaves with $19,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Lourdes.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,114 |
| 25th percentile | $10,039 |
| 75th percentile | $33,500 |
| 90th percentile (highest-debt students) | $47,334 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,750 |
| Middle income | $17,770 |
| High income | $19,355 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $17,049 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,500 |
| Independent students | $22,666 |
A handful of calculated indicators summarize the debt outlook at Lourdes.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Lourdes:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8618 |
| Total Stafford loan amount | $236,962,493 |
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 | 20 |
| Total GI Bill amount | $351,328 |
| Average GI Bill amount per recipient | $17,566 |
References
More about our data sources and methodologies.