by our College Data Analytics TeamMost students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Sacred Heart University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will Sacred Heart deliver, and just what are you going to be eligible for? Read on for answers. Read on to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Sacred Heart University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Sacred Heart University, 100% of the incoming full-time class was awarded financial aid some 1903 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $21,625 |
| Institutional grants & scholarships | 99% | $20,237 |
| Federal Pell grants | 17% | $5,640 |
| State/local grants | 7% | $3,006 |
| Federal student loans | 63% | $5,266 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, some 95% of undergrads got grants or scholarships worth on average $21,629 (for some 6607 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $21,629 |
| Federal Pell grants | 16% | $5,441 |
| Federal student loans | 57% | $6,464 |
For on-campus title-IV students, average grant aid came to $23,115.
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 | $37,836 |
| $30,001 – $75,000 | $41,241 |
| Over $75,000 | $47,295 |
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 | $46,174 |
| Off-campus title-IV students | $45,459 |
For an estimate tailored to your family circumstances, see Sacred Heart’s NPC: www.sacredheart.edu/admissions–aid/financial-assistance/full-time-undergraduates/net-price-calculator/.
The middle student in the debt distribution at Sacred Heart owes $19,860 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,860 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Sacred Heart.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,168 |
| 25th percentile | $7,595 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $30,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,591 |
| Middle income | $18,249 |
| High income | $21,446 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $20,610 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,980 |
| Independent students | $12,421 |
These indicators are derived from the underlying debt data and summarize the overall picture at Sacred Heart.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Sacred Heart:
| Metric | Value |
|---|---|
| Stafford loan recipients | 25380 |
| Total Stafford loan amount | $549,734,192 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 69 |
| Total GI Bill amount | $1,630,895 |
| Average GI Bill amount per recipient | $23,636 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,000 |
| Average DoD amount per recipient | $1,000 |
References
More about our data sources and methodologies.