by our College Data Analytics TeamA lot of students will not be asked to pay 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 sum total of attendance at Portland State University can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Portland State University deliver, and just what are you going to be eligible for? Read on for answers. Keep going to learn just how much financial aid will be open 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 Portland State 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.
For incoming first-year students at Portland State University, 91% of first-time, full-time freshmen received some form of financial aid some 1314 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $10,629 |
| Institutional grants & scholarships | 60% | $4,277 |
| Federal Pell grants | 60% | $5,454 |
| State/local grants | 54% | $6,424 |
| Federal student loans | 32% | $4,780 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Portland State University, roughly 54% of the undergraduate population received grant aid that averaged $10,442 (among about 8602 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $10,442 |
| Federal Pell grants | 42% | $5,092 |
| Federal student loans | 32% | $7,166 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $12,038.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,793 |
| $30,001 – $75,000 | $12,647 |
| Over $75,000 | $17,338 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,552 |
| Off-campus title-IV students | $12,932 |
For an estimate tailored to your family circumstances, see Portland State University’s net price tool: www.pdx.edu/finaid/net-price-calculator.
The median student at Portland State University graduates with $15,457 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,457 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Portland State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,998 |
| 75th percentile | $27,221 |
| 90th percentile (highest-debt students) | $37,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,000 |
| Middle income | $14,000 |
| High income | $14,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,870 |
| Continuing-generation students | $14,818 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $19,982 |
These indicators are derived from the underlying debt data and summarize the overall picture at Portland State University.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Portland State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 80359 |
| Total Stafford loan amount | $2,079,262,609 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 409 |
| Total GI Bill amount | $4,088,832 |
| Average GI Bill amount per recipient | $9,997 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 42 |
| Total DoD amount | $120,354 |
| Average DoD amount per recipient | $2,866 |
References
More about our data sources and methodologies.