by our College Data Analytics TeamThe majority of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Molloy University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Molloy offer you, and what will you qualify for? Read on for more information. Read on to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Molloy University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Molloy University, 100% of first-year full-time students received aid of some kind (about 604 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $26,255 |
| Institutional grants & scholarships | 99% | $20,665 |
| Federal Pell grants | 49% | $5,750 |
| State/local grants | 53% | $3,594 |
| Federal student loans | 71% | $5,294 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Molloy, around 83% of undergraduates were awarded an average grant or scholarship of $18,820 (covering around 2719 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $18,820 |
| Federal Pell grants | 34% | $5,256 |
| Federal student loans | 65% | $7,177 |
For on-campus title-IV students, average grant aid came to $26,373.
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 | $21,350 |
| $30,001 – $75,000 | $24,397 |
| Over $75,000 | $31,458 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $24,347 |
| Off-campus title-IV students | $26,870 |
To project your own net price, use Molloy’s official net price calculator: www.molloy.edu/admissions-aid/financial-aid/net-price-calculator.
The median federal debt load at Molloy comes to $24,250 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $24,250 |
| 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 median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Molloy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $41,000 |
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 | $25,000 |
| Middle income | $23,250 |
| High income | $23,675 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $24,039 |
| Continuing-generation students | $25,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,795 |
| Independent students | $25,000 |
The figure below distills the debt data into a single burden category for Molloy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Molloy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14110 |
| Total Stafford loan amount | $375,754,559 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 41 |
| Total GI Bill amount | $962,293 |
| Average GI Bill amount per recipient | $23,471 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $2,250 |
| Average DoD amount per recipient | $1,125 |
References
More about our data sources and methodologies.