College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Midland University Financial Aid & Debt Outcomes

100% Freshmen Get Financial Aid
$28,921 Average Grant & Scholarship
88% Undergrads Get Grant Aid

Most students will never be charged 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 total price of attendance at Midland University can feel tremendous, but do not forget that almost all students receive some sort of financial help.

What financing options does Midland U offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to see just how much financial aid could be open to you.

Importance of Midland U Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Midland University.

Typical First Year Financial Aid at Midland University

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.

At Midland University, 100% of first-year full-time students received aid of some kind around 283 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$29,260
Institutional grants & scholarships99%$27,195
Federal Pell grants33%$5,320
State/local grants10%$3,200
Federal student loans88%$4,483

Scholarships and Grants at Midland University

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Midland U, about 88% of undergrads got grants or scholarships worth on average $28,921 (covering around 1179 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)88%$28,921
Federal Pell grants28%$5,664
Federal student loans62%$6,695

On-campus students receiving title-IV aid were awarded grants averaging $29,452.

Aid by Income Level at Midland University

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$19,944
$30,001 – $75,000$22,471
Over $75,000$26,046

Each figure is the net price after grants and scholarships, not the published sticker price.

What Students Actually Pay at Midland University

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$26,267
Off-campus title-IV students$24,229

For a customized cost estimate, visit Midland U’s online cost calculator: www.midlandu.edu/net-price-calculator/.

Student Debt Levels at Midland University

A typical borrower at Midland U leaves with $15,000 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$15,000
Median federal debt (graduates only)$26,134
Typical 10-year monthly payment (graduates)$277.06/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

How Debt Is Distributed Across Students

A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Midland U.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,250
25th percentile$5,500
75th percentile$27,000
90th percentile (highest-debt students)$33,225

How Debt Outcomes Vary by Student Group at Midland University

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$15,750
Middle income$17,500
High income$14,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$15,000
Continuing-generation students$16,750

By Dependency Status

CohortMedian federal debt
Dependent students$15,000
Independent students$18,954

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Midland U.

Federal Stafford Lending at Midland University

The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Midland U:

MetricValue
Stafford loan recipients6175
Total Stafford loan amount$97,431,384

Veterans Benefits at Midland 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.

GI Bill volume

MetricValue
GI Bill recipients17
Total GI Bill amount$241,002
Average GI Bill amount per recipient$14,177

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

More Financial Aid Resources from Midland University

References

More about our data sources and methodologies.

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options