A lot of students are not billed 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 price tag of going to Ohio Dominican University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will ODU offer you, and what will you qualify for? Read on for more information. Keep going to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ohio Dominican 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.
Among first-time, full-time freshmen at Ohio Dominican University, 100% of the incoming full-time class was awarded financial aid (about 233 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $26,790 |
| Institutional grants & scholarships | 100% | $21,943 |
| Federal Pell grants | 49% | $5,362 |
| State/local grants | 44% | $4,689 |
| Federal student loans | 68% | $5,184 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 84% of the undergraduate population received grant aid that averaged $25,247 (covering around 753 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $25,247 |
| Federal Pell grants | 37% | $5,481 |
| Federal student loans | 57% | $6,143 |
On-campus students receiving title-IV aid were awarded grants averaging $27,542.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,788 |
| $30,001 – $75,000 | $19,421 |
| Over $75,000 | $22,046 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $20,079 |
| Off-campus title-IV students | $19,476 |
For a customized cost estimate, visit ODU’s net price calculator: www.ohiodominican.edu/financial-aid/undergraduate.
Graduating students at ODU carry a median federal student debt of $16,557 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,557 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at ODU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,247 |
| 25th percentile | $6,752 |
| 75th percentile | $30,725 |
| 90th percentile (highest-debt students) | $41,377 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,250 |
| Middle income | $17,834 |
| High income | $19,371 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,750 |
| Continuing-generation students | $14,149 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $23,000 |
A handful of calculated indicators summarize the debt outlook at ODU.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at ODU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11728 |
| Total Stafford loan amount | $306,941,887 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 30 |
| Total GI Bill amount | $408,061 |
| Average GI Bill amount per recipient | $13,602 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $26,750 |
| Average DoD amount per recipient | $4,458 |
References
More about our data sources and methodologies.