by our College Data Analytics TeamA large number 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 Ohio University-Lancaster Campus can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can OHIO Lancaster offer you, and what will you qualify for? Keep reading for more information. Keep going to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Ohio University-Lancaster Campus.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Ohio University-Lancaster Campus, 93% of first-year full-time students received aid of some kind some 184 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $4,983 |
| Institutional grants & scholarships | 87% | $2,847 |
| Federal Pell grants | 41% | $4,439 |
| State/local grants | 3% | $3,171 |
| Federal student loans | 27% | $2,978 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At OHIO Lancaster, approximately 20% of the undergraduate population received grant aid that averaged $5,619 (among about 400 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 20% | $5,619 |
| Federal Pell grants | 12% | $5,108 |
| Federal student loans | 12% | $4,370 |
For on-campus title-IV students, average grant aid came to $5,334.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,489 |
| $30,001 – $75,000 | $4,292 |
| Over $75,000 | $9,150 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $5,650 |
| Off-campus title-IV students | $6,133 |
To get a personalized net price estimate, try OHIO Lancaster’s net price calculator: npc.collegeboard.org/app/ohio.
The median federal debt load at OHIO Lancaster comes to $15,332 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,332 |
| Median federal debt (graduates only) | $21,056 |
| Typical 10-year monthly payment (graduates) | $223.23/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at OHIO Lancaster.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $24,806 |
| 90th percentile (highest-debt students) | $31,250 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $13,500 |
| Middle income | $15,000 |
| High income | $16,950 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,928 |
| Continuing-generation students | $16,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,000 |
| Independent students | $12,500 |
A handful of calculated indicators summarize the debt outlook at OHIO Lancaster.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at OHIO Lancaster:
| Metric | Value |
|---|---|
| Stafford loan recipients | 111905 |
| Total Stafford loan amount | $2,477,781,593 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $69,941 |
| Average GI Bill amount per recipient | $4,663 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $2,817 |
| Average DoD amount per recipient | $1,409 |
References
More about our data sources and methodologies.