by our College Data Analytics TeamThe majority of 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 price tag of going to Ottawa University-Milwaukee can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Ottawa University - Milwaukee deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ottawa University-Milwaukee.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Ottawa University - Milwaukee, some 73% of undergraduates were awarded an average grant or scholarship of $3,499 (for some 44 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $3,499 |
| Federal Pell grants | 42% | $5,041 |
| Federal student loans | 62% | $11,338 |
The median federal debt load at Ottawa University - Milwaukee comes to $12,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,500 |
| Median federal debt (graduates only) | $21,500 |
| Typical 10-year monthly payment (graduates) | $227.94/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Ottawa University - Milwaukee.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,197 |
| 25th percentile | $6,383 |
| 75th percentile | $23,500 |
| 90th percentile (highest-debt students) | $32,375 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,975 |
| Middle income | $13,726 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,000 |
| Continuing-generation students | $12,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,000 |
| Independent students | $17,123 |
These indicators are derived from the underlying debt data and summarize the overall picture at Ottawa University - Milwaukee.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Ottawa University - Milwaukee:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19117 |
| Total Stafford loan amount | $492,512,782 |
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 | 1 |
| Total GI Bill amount | $6,283 |
| Average GI Bill amount per recipient | $6,283 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.