by our College Data Analytics TeamThe majority 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 Point Loma Nazarene University can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can PLNU offer, and what will you qualify for? Keep reading for more information. Scroll down to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Point Loma Nazarene University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Point Loma Nazarene University, 95% of first-year full-time students received aid of some kind some 623 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $20,702 |
| Institutional grants & scholarships | 94% | $18,616 |
| Federal Pell grants | 13% | $5,366 |
| State/local grants | 13% | $9,319 |
| Federal student loans | 53% | $5,336 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At PLNU, roughly 85% of undergraduate students received gift aid averaging $19,348 (across roughly 2698 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $19,348 |
| Federal Pell grants | 21% | $5,163 |
| Federal student loans | 50% | $7,340 |
For students living on campus and receiving title-IV aid, grants averaged $21,759.
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 | $46,107 |
| $30,001 – $75,000 | $48,469 |
| Over $75,000 | $51,142 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $38,729 |
| Off-campus title-IV students | $36,127 |
For a customized cost estimate, visit PLNU’s official net price calculator: www.pointloma.edu/NPC.
Graduating students at PLNU carry a median federal student debt of $19,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $22,990 |
| Typical 10-year monthly payment (graduates) | $243.73/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at PLNU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $8,700 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,548 |
| Middle income | $19,250 |
| High income | $19,688 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,750 |
| Continuing-generation students | $20,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $18,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at PLNU.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at PLNU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13920 |
| Total Stafford loan amount | $378,599,005 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 200 |
| Total GI Bill amount | $4,375,124 |
| Average GI Bill amount per recipient | $21,876 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $14,000 |
| Average DoD amount per recipient | $2,333 |
References
More about our data sources and methodologies.