by our College Data Analytics TeamThe majority 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 total cost of going to University of the Potomac-Washington DC Campus can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial assistance options will University of the Potomac - Washington DC Campus offer you, and what will you qualify for? Read on for more information. Scroll down to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from University of the Potomac-Washington DC Campus.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at University of the Potomac-Washington DC Campus, 62% of the incoming full-time class was awarded financial aid some 100 first-years).
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At University of the Potomac - Washington DC Campus, roughly 38% of undergrads got grants or scholarships worth on average $4,824 (across approximately 100 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $4,824 |
| Federal Pell grants | 24% | $105 |
| Federal student loans | 9% | $264 |
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 | $18,868 |
| $30,001 – $75,000 | $20,178 |
Each figure is the net price after grants and scholarships, not the published sticker price.
A typical borrower at University of the Potomac - Washington DC Campus leaves with $7,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,500 |
| Median federal debt (graduates only) | $8,769 |
| Typical 10-year monthly payment (graduates) | $92.97/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at University of the Potomac - Washington DC Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,238 |
| 25th percentile | $4,813 |
| 75th percentile | $36,260 |
| 90th percentile (highest-debt students) | $46,209 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Middle income | $8,885 |
These indicators are derived from the underlying debt data and summarize the overall picture at University of the Potomac - Washington DC Campus.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at University of the Potomac - Washington DC Campus:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1869 |
| Total Stafford loan amount | $47,580,940 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 45 |
| Total GI Bill amount | $297,000 |
| Average GI Bill amount per recipient | $6,600 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 20 |
| Total DoD amount | $90,000 |
| Average DoD amount per recipient | $4,500 |
References
More about our data sources and methodologies.