by our College Data Analytics TeamThe majority of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to MCPHS University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does MCPHS University offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from MCPHS University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at MCPHS University, 100% of new full-time first-years were awarded at least some aid roughly 668 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $23,767 |
| Institutional grants & scholarships | 100% | $19,934 |
| Federal Pell grants | 41% | $6,711 |
| State/local grants | 29% | $2,959 |
| Federal student loans | 71% | $6,231 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At MCPHS University, some 97% of undergraduate students received gift aid averaging $14,942 (across roughly 3371 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $14,942 |
| Federal Pell grants | 30% | $6,065 |
| Federal student loans | 67% | $9,303 |
Title-IV recipients living on campus saw average grant aid of $25,477.
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 | $31,566 |
| $30,001 – $75,000 | $34,224 |
| Over $75,000 | $38,547 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $39,545 |
| Off-campus title-IV students | $35,084 |
For a customized cost estimate, visit MCPHS University’s NPC: www.mcphs.edu/admission-and-aid/financial-services/net-price-calculator.
The median federal debt load at MCPHS University comes to $25,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $25,000 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at MCPHS University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,500 |
| 75th percentile | $27,500 |
| 90th percentile (highest-debt students) | $33,750 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $25,000 |
| High income | $21,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,000 |
| Continuing-generation students | $25,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,250 |
| Independent students | $25,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. MCPHS University.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at MCPHS University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19946 |
| Total Stafford loan amount | $852,223,267 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 65 |
| Total GI Bill amount | $1,893,590 |
| Average GI Bill amount per recipient | $29,132 |
References
More about our data sources and methodologies.