by our College Data Analytics TeamThe majority 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 total price of attendance at Martin University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Martin University deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Martin University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Martin University, 86% of entering full-time freshmen got some type of financial assistance approximately 6 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $5,038 |
| Institutional grants & scholarships | 71% | $700 |
| Federal Pell grants | 57% | $5,932 |
| State/local grants | 14% | $2,000 |
| Federal student loans | 71% | $8,808 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Martin University, some 75% of the undergraduate population received grant aid that averaged $7,034 (for some 133 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $7,034 |
| Federal Pell grants | 53% | $4,740 |
| Federal student loans | 51% | $7,900 |
Title-IV recipients living on campus saw average grant aid of $5,038.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,879 |
| $30,001 – $75,000 | $15,628 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,114 |
| Off-campus title-IV students | $13,879 |
For a personalized estimate based on your family’s financial situation, use Martin University’s net price calculator: www.martin.edu/net-calculator.
A typical borrower at Martin University leaves with $24,332 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $24,332 |
| Median federal debt (graduates only) | $42,002 |
| Typical 10-year monthly payment (graduates) | $445.29/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Martin University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,250 |
| 75th percentile | $39,500 |
| 90th percentile (highest-debt students) | $53,805 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $26,998 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $24,430 |
| Continuing-generation students | $19,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,311 |
| Independent students | $28,581 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Martin University.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Martin University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4600 |
| Total Stafford loan amount | $132,551,861 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $24,410 |
| Average GI Bill amount per recipient | $8,137 |
References
More about our data sources and methodologies.