by our College Data Analytics TeamMost 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 sum total of attendance at Manchester University can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Manchester University offer, and what will you qualify for? Read on for more information. Keep going to discover what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Manchester 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 Manchester University, 100% of first-time, full-time freshmen received some form of financial aid roughly 288 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $30,635 |
| Institutional grants & scholarships | 100% | $22,068 |
| Federal Pell grants | 54% | $5,688 |
| State/local grants | 51% | $10,136 |
| Federal student loans | 70% | $7,306 |
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 Manchester University, some 97% of the undergraduate population received grant aid that averaged $28,464 (among about 891 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $28,464 |
| Federal Pell grants | 45% | $5,641 |
| Federal student loans | 70% | $8,809 |
For on-campus title-IV students, average grant aid came to $31,188.
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 | $12,949 |
| $30,001 – $75,000 | $14,962 |
| Over $75,000 | $24,042 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $18,805 |
| Off-campus title-IV students | $19,268 |
To get a personalized net price estimate, try Manchester University’s online cost calculator: www.manchester.edu/admissions/cost-financial-aid/how-much-does-it-cost.
The median student at Manchester University graduates with $12,250 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,250 |
| Median federal debt (graduates only) | $26,854 |
| Typical 10-year monthly payment (graduates) | $284.7/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Manchester University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $5,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $11,000 |
| Middle income | $12,000 |
| High income | $17,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Manchester University.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Manchester University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6373 |
| Total Stafford loan amount | $161,745,972 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $86,474 |
| Average GI Bill amount per recipient | $9,608 |
References
More about our data sources and methodologies.