by our College Data Analytics TeamA large number of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Manhattan University can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financing options does Manhattan offer, and what will you qualify for? Keep scrolling for more information. Scroll down to discover what amount of financial assistance could be accessible 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 Manhattan University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. 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 Manhattan University, 100% of first-time, full-time freshmen received some form of financial aid around 726 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $34,078 |
| Institutional grants & scholarships | 90% | $34,071 |
| Federal Pell grants | 34% | $5,766 |
| State/local grants | 34% | $3,454 |
| Federal student loans | 53% | $4,978 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Manhattan, around 93% of the undergraduate population received grant aid that averaged $33,111 (covering around 2710 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $33,111 |
| Federal Pell grants | 36% | $5,498 |
| Federal student loans | 16% | $5,190 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $37,092.
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 | $24,427 |
| $30,001 – $75,000 | $26,034 |
| Over $75,000 | $29,071 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $27,256 |
| Off-campus title-IV students | $26,881 |
For a personalized estimate based on your family’s financial situation, use Manhattan’s NPC: manhattan.edu/admissions/undergraduate/pay-for-college/cost-calculator.
The median student at Manhattan graduates with $21,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,500 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/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. The four reference points below map the debt distribution at Manhattan.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $20,262 |
| High income | $23,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,500 |
| Continuing-generation students | $22,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $21,963 |
These indicators are derived from the underlying debt data and summarize the overall picture at Manhattan.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Manhattan:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10754 |
| Total Stafford loan amount | $199,973,759 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 74 |
| Total GI Bill amount | $1,557,193 |
| Average GI Bill amount per recipient | $21,043 |
References
More about our data sources and methodologies.