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Marquette University Financial Aid Details

100% Freshmen Get Financial Aid
$29,879 Average Grant & Scholarship
93% Undergrads Get Grant Aid

A large number of students will never be charged 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 price tag of going to Marquette University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financial aid options can Marquette offer you, and what will you qualify for? Keep reading for more information. Keep going to discover how much school funding could be available to you.

Why You Should Understand Marquette Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Marquette University.

Typical First Year Financial Aid at Marquette 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.

For freshmen starting at Marquette University, 100% of the incoming full-time class was awarded financial aid (about 1882 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$32,996
Institutional grants & scholarships100%$30,756
Federal Pell grants20%$5,820
State/local grants17%$4,160
Federal student loans43%$5,531

Scholarships and Grants at Marquette University

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Marquette, approximately 93% of undergraduates were awarded an average grant or scholarship of $29,879 (across roughly 7143 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)93%$29,879
Federal Pell grants18%$5,668
Federal student loans38%$6,536

On-campus students receiving title-IV aid were awarded grants averaging $35,281.

Aid by Income Level at Marquette University

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$18,598
$30,001 – $75,000$21,860
Over $75,000$33,709

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Marquette University

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.

CohortAverage Net Price
On-campus title-IV students$31,487
Off-campus title-IV students$29,237

To get a personalized net price estimate, try Marquette’s online cost calculator: marquette.clearcostcalculator.com/student/default/netpricecalculator/survey.

What Students Owe at Marquette University

A typical borrower at Marquette leaves with $20,500 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$20,500
Median federal debt (graduates only)$23,940
Typical 10-year monthly payment (graduates)$253.8/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

How Debt Is Distributed Across Students

The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Marquette.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$12,000
75th percentile$32,000
90th percentile (highest-debt students)$38,496

Debt Outcomes by Student Group at Marquette University

The figures below break down median federal debt by income tier, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$18,738
Middle income$19,800
High income$21,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$19,891
Continuing-generation students$21,292

By Dependency Status

CohortMedian federal debt
Dependent students$20,500
Independent students$22,304

Summary Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Marquette.

Federal Loan Volume at Marquette University

Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Marquette:

MetricValue
Stafford loan recipients28762
Total Stafford loan amount$874,370,482

GI Bill and DoD Benefits at Marquette University

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients82
Total GI Bill amount$1,569,713
Average GI Bill amount per recipient$19,143

DoD program volume

MetricValue
DoD Tuition Assistance recipients4
Total DoD amount$5,375
Average DoD amount per recipient$1,344

Marquette University Financial Aid Resources

References

More about our data sources and methodologies.

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