by our College Data Analytics TeamA lot of students are not billed 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 total cost of going to Franciscan Missionaries of Our Lady University can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does FranU provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to learn how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Franciscan Missionaries of Our Lady University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Franciscan Missionaries of Our Lady University, 97% of the incoming full-time class was awarded financial aid roughly 59 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $11,476 |
| Institutional grants & scholarships | 41% | $8,049 |
| Federal Pell grants | 39% | $5,250 |
| State/local grants | 89% | $5,693 |
| Federal student loans | 46% | $5,092 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at FranU, roughly 67% of undergraduates were awarded an average grant or scholarship of $10,195 (covering around 577 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $10,195 |
| Federal Pell grants | 31% | $5,097 |
| Federal student loans | 49% | $8,386 |
For students living on campus and receiving title-IV aid, grants averaged $9,938.
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 | $16,524 |
| $30,001 – $75,000 | $15,715 |
| Over $75,000 | $20,813 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $18,552 |
| Off-campus title-IV students | $17,797 |
For an estimate tailored to your family circumstances, see FranU’s online cost calculator: www.franu.edu/offices-services/office-of-financial-aid/true-cost-calculator.
The median federal debt load at FranU comes to $16,669 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,669 |
| Median federal debt (graduates only) | $27,672 |
| Typical 10-year monthly payment (graduates) | $293.37/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at FranU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,168 |
| 25th percentile | $7,500 |
| 75th percentile | $25,500 |
| 90th percentile (highest-debt students) | $38,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,420 |
| Middle income | $17,500 |
| High income | $15,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,100 |
| Continuing-generation students | $14,435 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,814 |
| Independent students | $19,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at FranU.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at FranU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8098 |
| Total Stafford loan amount | $185,494,288 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 31 |
| Total GI Bill amount | $273,606 |
| Average GI Bill amount per recipient | $8,826 |
References
More about our data sources and methodologies.