by our College Data Analytics TeamA lot 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 sum total of attendance at Middle Tennessee State University can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Middle Tennessee State University deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Middle Tennessee State 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 Middle Tennessee State University, 96% of the incoming full-time class was awarded financial aid approximately 2946 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $10,665 |
| Institutional grants & scholarships | 53% | $5,148 |
| Federal Pell grants | 41% | $5,868 |
| State/local grants | 81% | $5,735 |
| Federal student loans | 31% | $4,861 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Middle Tennessee State University, about 79% of undergrads got grants or scholarships worth on average $9,149 (for some 13955 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $9,149 |
| Federal Pell grants | 32% | $5,378 |
| Federal student loans | 28% | $6,129 |
For students living on campus and receiving title-IV aid, grants averaged $10,930.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,822 |
| $30,001 – $75,000 | $11,185 |
| Over $75,000 | $17,382 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $13,359 |
| Off-campus title-IV students | $12,599 |
To project your own net price, use Middle Tennessee State University’s online cost calculator: www.mtsu.edu/financialaid/npcalc/npcalc.htm.
The middle student in the debt distribution at Middle Tennessee State University owes $14,093 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,093 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Middle Tennessee State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $26,532 |
| 90th percentile (highest-debt students) | $37,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $15,000 |
| Middle income | $14,294 |
| High income | $13,249 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,250 |
| Continuing-generation students | $13,853 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $15,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Middle Tennessee State University.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Middle Tennessee State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 71897 |
| Total Stafford loan amount | $1,578,886,106 |
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 | 664 |
| Total GI Bill amount | $5,268,672 |
| Average GI Bill amount per recipient | $7,935 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 137 |
| Total DoD amount | $509,601 |
| Average DoD amount per recipient | $3,720 |
References
More about our data sources and methodologies.