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Ohio Dominican University Financial Aid Details

100% Freshmen Get Financial Aid
$25,247 Average Grant & Scholarship
84% Undergrads Get Grant Aid

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.

Why You Should Understand ODU Financial Aid Info

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.

What First Years Receive at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$26,790
Institutional grants & scholarships100%$21,943
Federal Pell grants49%$5,362
State/local grants44%$4,689
Federal student loans68%$5,184

Free Money: Grants and Scholarships at Ohio Dominican University

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)84%$25,247
Federal Pell grants37%$5,481
Federal student loans57%$6,143

On-campus students receiving title-IV aid were awarded grants averaging $27,542.

Income-Adjusted Net Price at Ohio Dominican University

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage 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 Real Cost of Attending Ohio Dominican 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$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.

Student Debt Levels at Ohio Dominican University

Graduating students at ODU carry a median federal student debt of $16,557 of federal borrowing.

MetricAmount
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.

Debt Spread by Percentile

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.

PercentileCumulative 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 by Student Group at Ohio Dominican University

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$12,250
Middle income$17,834
High income$19,371

First-Generation Comparison

CohortMedian federal debt
First-generation students$16,750
Continuing-generation students$14,149

By Dependency Status

CohortMedian federal debt
Dependent students$15,000
Independent students$23,000

Summary Debt Indicators

A handful of calculated indicators summarize the debt outlook at ODU.

Stafford Loan Activity at Ohio Dominican University

The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at ODU:

MetricValue
Stafford loan recipients11728
Total Stafford loan amount$306,941,887

GI Bill and DoD Benefits at Ohio Dominican University

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients30
Total GI Bill amount$408,061
Average GI Bill amount per recipient$13,602

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients6
Total DoD amount$26,750
Average DoD amount per recipient$4,458

References

More about our data sources and methodologies.

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