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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $29,260 |
| Institutional grants & scholarships | 99% | $27,195 |
| Federal Pell grants | 33% | $5,320 |
| State/local grants | 10% | $3,200 |
| Federal student loans | 88% | $4,483 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $28,921 |
| Federal Pell grants | 28% | $5,664 |
| Federal student loans | 62% | $6,695 |
On-campus students receiving title-IV aid were awarded grants averaging $29,452.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average 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.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average 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/.
A typical borrower at Midland U leaves with $15,000 in federal loans.
| Metric | Amount |
|---|---|
| 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.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Midland U.
| Percentile | Cumulative 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 much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,750 |
| Middle income | $17,500 |
| High income | $14,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $16,750 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $18,954 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Midland U.
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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6175 |
| Total Stafford loan amount | $97,431,384 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $241,002 |
| Average GI Bill amount per recipient | $14,177 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.