by our College Data Analytics TeamThe majority of students will not be asked to pay 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 total price of attendance at Praxis Institute can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does Praxis Institute provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Praxis Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Praxis Institute, 95% of entering full-time freshmen got some type of financial assistance approximately 380 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $3,277 |
| Institutional grants & scholarships | 68% | $255 |
| Federal Pell grants | 83% | $2,452 |
| State/local grants | 87% | $725 |
| Federal student loans | 86% | $3,895 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, roughly 76% of undergraduates were awarded grant or scholarship aid averaging $3,569 (across approximately 380 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $3,569 |
| Federal Pell grants | 73% | $2,779 |
| Federal student loans | 73% | $3,811 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $2,639.
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 | $8,610 |
| $30,001 – $75,000 | $9,437 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $8,785 |
| Off-campus title-IV students | $8,661 |
For an estimate tailored to your family circumstances, see Praxis Institute’s NPC: praxis.edu/consumer-information/.
The middle student in the debt distribution at Praxis Institute owes $8,805 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,805 |
| Median federal debt (graduates only) | $8,905 |
| Typical 10-year monthly payment (graduates) | $94.41/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Praxis Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $8,085 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,805 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,805 |
| Continuing-generation students | $8,855 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $8,805 |
A handful of calculated indicators summarize the debt outlook at Praxis Institute.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Praxis Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4953 |
| Total Stafford loan amount | $38,222,546 |
References
More about our data sources and methodologies.