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Robert Morris University Financial Aid & Debt Outcomes

92% Freshmen Get Financial Aid
$24,436 Average Grant & Scholarship
69% Undergrads Get Grant Aid

Most 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 sum total of attendance at Robert Morris University can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financial aid options can RMU offer, and what will you qualify for? Keep reading for more information. Keep reading to see how much school funding could be available to you.

Importance of RMU Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Robert Morris University.

Average Freshman Financial Aid at Robert Morris 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 freshmen starting at Robert Morris University, 92% of new full-time first-years were awarded at least some aid roughly 702 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)92%$27,629
Institutional grants & scholarships91%$23,543
Federal Pell grants35%$5,391
State/local grants39%$4,572
Federal student loans59%$5,515

Free Money: Grants and Scholarships at Robert Morris University

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at RMU, about 69% of undergrads got grants or scholarships worth on average $24,436 (among about 2599 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)69%$24,436
Federal Pell grants23%$5,168
Federal student loans41%$6,387

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $28,618.

Net Price by Family Income at Robert Morris University

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$21,048
$30,001 – $75,000$20,784
Over $75,000$29,236

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Robert Morris University

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$23,003
Off-campus title-IV students$25,747

To project your own net price, use RMU’s official net price calculator: www.rmu.edu/admissions/financial-aid/net-price-calculator.

Typical Student Debt at Robert Morris University

Graduating students at RMU carry a median federal student debt of $23,250 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$23,250
Median federal debt (graduates only)$26,950
Typical 10-year monthly payment (graduates)$285.71/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Range of Student Debt at this School

A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at RMU.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,250
25th percentile$9,500
75th percentile$27,000
90th percentile (highest-debt students)$35,000

Debt by Student Cohort at Robert Morris University

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$23,189
Middle income$23,250
High income$23,250

First-Generation Comparison

CohortMedian federal debt
First-generation students$23,250
Continuing-generation students$23,000

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$23,250
Independent students$21,686

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. RMU.

Stafford Loan Activity at Robert Morris University

Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at RMU:

MetricValue
Stafford loan recipients18584
Total Stafford loan amount$441,243,272

GI Bill and DoD Benefits at Robert Morris University

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.

GI Bill volume

MetricValue
GI Bill recipients118
Total GI Bill amount$2,473,519
Average GI Bill amount per recipient$20,962

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients16
Total DoD amount$33,250
Average DoD amount per recipient$2,078

More Financial Aid Resources from Robert Morris University

References

More about our data sources and methodologies.

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