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Mars Hill University Financial Aid & Debt Outcomes

100% Freshmen Get Financial Aid
$30,610 Average Grant & Scholarship
99% Undergrads Get Grant Aid

A lot of students will not be asked to pay 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 total cost of going to Mars Hill University can seem overpowering, but remember that the majority of students are given some form of financial assistance.

Just what financial assistance solutions will Mars Hill provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to find out how much school funding will be available to you.

Why You Should Understand Mars Hill Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Mars Hill University.

Freshman Financial Aid at Mars Hill 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.

For freshmen starting at Mars Hill University, 100% of new full-time first-years were awarded at least some aid roughly 313 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$31,066
Institutional grants & scholarships99%$25,987
Federal Pell grants52%$5,560
State/local grants39%$6,194
Federal student loans70%$5,264

Grant Aid for Undergraduates at Mars Hill University

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 99% of undergraduates were awarded grant or scholarship aid averaging $30,610 (across approximately 991 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)99%$30,610
Federal Pell grants46%$5,581
Federal student loans62%$8,652

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $30,189.

Aid by Income Level at Mars Hill University

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$17,358
$30,001 – $75,000$18,818
Over $75,000$23,668

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What a Degree Really Costs at Mars Hill University

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$19,910
Off-campus title-IV students$20,313

To project your own net price, use Mars Hill’s official net price calculator: www.mhu.edu/future-students/traditional-undergraduate/financial-aid/tuition-fees-financial-aid-traditional/.

Student Debt Levels at Mars Hill University

The median student at Mars Hill graduates with $18,172 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$18,172
Median federal debt (graduates only)$26,000
Typical 10-year monthly payment (graduates)$275.64/mo

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

The Range of Student Debt at this School

The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Mars Hill.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,826
25th percentile$5,500
75th percentile$27,000
90th percentile (highest-debt students)$40,000

Median Debt by Student Group at Mars Hill University

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$18,472
Middle income$17,250
High income$18,070

First-Generation Comparison

CohortMedian federal debt
First-generation students$18,750
Continuing-generation students$16,304

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$17,407
Independent students$19,565

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. Mars Hill.

Federal Student Loans at Mars Hill University

Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Mars Hill:

MetricValue
Stafford loan recipients6827
Total Stafford loan amount$121,713,364

Military and Veterans Aid at Mars Hill University

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 activity

MetricValue
GI Bill recipients17
Total GI Bill amount$382,221
Average GI Bill amount per recipient$22,484

Mars Hill University Financial Aid Resources

References

More about our data sources and methodologies.

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