by our College Data Analytics TeamMost students will never be charged 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 price tag of going to Methodist University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will Methodist provide, and just what are you going to be eligible for? Read on for answers. Keep going to see what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Methodist University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Methodist University, 100% of entering full-time freshmen got some type of financial assistance (about 341 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $29,476 |
| Institutional grants & scholarships | 100% | $23,599 |
| Federal Pell grants | 47% | $5,614 |
| State/local grants | 48% | $6,495 |
| Federal student loans | 68% | $5,561 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Methodist, roughly 93% of undergraduates were awarded an average grant or scholarship of $27,596 (for some 1337 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $27,596 |
| Federal Pell grants | 41% | $5,522 |
| Federal student loans | 58% | $6,737 |
For on-campus title-IV students, average grant aid came to $31,092.
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 | $21,184 |
| $30,001 – $75,000 | $21,713 |
| Over $75,000 | $29,415 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $24,704 |
| Off-campus title-IV students | $24,978 |
For a personalized estimate based on your family’s financial situation, use Methodist’s net price calculator: methodist.studentaidcalculator.com/survey.aspx.
Graduating students at Methodist carry a median federal student debt of $12,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Methodist.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $26,770 |
| 90th percentile (highest-debt students) | $31,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $13,250 |
| High income | $13,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $14,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,250 |
| Independent students | $12,625 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Methodist.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Methodist:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10282 |
| Total Stafford loan amount | $205,317,494 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 193 |
| Total GI Bill amount | $3,217,831 |
| Average GI Bill amount per recipient | $16,673 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 80 |
| Total DoD amount | $201,750 |
| Average DoD amount per recipient | $2,522 |
References
More about our data sources and methodologies.