by our College Data Analytics TeamA lot of students are not billed 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 Rivier University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Rivier deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Rivier University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Rivier University, 98% of first-year full-time students received aid of some kind approximately 274 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $24,927 |
| Institutional grants & scholarships | 98% | $21,718 |
| Federal Pell grants | 30% | $5,310 |
| State/local grants | 18% | $7,357 |
| Federal student loans | 73% | $5,221 |
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 Rivier, some 85% of undergraduate students received gift aid averaging $19,754 (across roughly 1140 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $19,754 |
| Federal Pell grants | 28% | $4,917 |
| Federal student loans | 70% | $6,805 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $25,417.
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 | $18,797 |
| $30,001 – $75,000 | $22,412 |
| Over $75,000 | $30,953 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,082 |
| Off-campus title-IV students | $27,877 |
To project your own net price, use Rivier’s net price calculator: www.rivier.edu/financial-aid/net-price-calculator/.
A typical borrower at Rivier leaves with $21,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,000 |
| Median federal debt (graduates only) | $26,956 |
| Typical 10-year monthly payment (graduates) | $285.78/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. The percentiles below describe the cumulative federal debt distribution for borrowers at Rivier.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,989 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $20,925 |
| Middle income | $20,917 |
| High income | $21,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,834 |
| Continuing-generation students | $21,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $23,000 |
| Independent students | $18,172 |
The figure below distills the debt data into a single burden category for Rivier.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Rivier:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7990 |
| Total Stafford loan amount | $185,621,422 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 23 |
| Total GI Bill amount | $486,473 |
| Average GI Bill amount per recipient | $21,151 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $174 |
| Average DoD amount per recipient | $58 |
References
More about our data sources and methodologies.