by our College Data Analytics TeamMany students will never be charged 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 St. Thomas University can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial assistance options will STU offer, and what will you qualify for? Read on for more information. Scroll down 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 figures below will help you estimate the aid you might receive from St. Thomas University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at St. Thomas University, 99% of entering full-time freshmen got some type of financial assistance (about 559 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $23,356 |
| Institutional grants & scholarships | 99% | $15,964 |
| Federal Pell grants | 68% | $6,017 |
| State/local grants | 76% | $4,040 |
| Federal student loans | 72% | $5,576 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 46% of undergraduates were awarded grant or scholarship aid averaging $25,801 (for some 1820 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $25,801 |
| Federal Pell grants | 27% | $5,797 |
| Federal student loans | 31% | $6,288 |
On-campus students receiving title-IV aid were awarded grants averaging $24,893.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,229 |
| $30,001 – $75,000 | $23,639 |
| Over $75,000 | $28,530 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,312 |
| Off-campus title-IV students | $24,275 |
For a customized cost estimate, visit STU’s official net price calculator: [tcc.ruffalonl.com/(S(vbakyhng1c4sj5gtpekbz4yh))/St. Thomas University/Freshman-Students](https://tcc.ruffalonl.com/(S(vbakyhng1c4sj5gtpekbz4yh))/St. Thomas University/Freshman-Students).
A typical borrower at STU leaves with $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $19,125 |
| Typical 10-year monthly payment (graduates) | $202.76/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at STU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,726 |
| 75th percentile | $27,500 |
| 90th percentile (highest-debt students) | $40,486 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,292 |
| High income | $9,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,247 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,500 |
| Independent students | $10,822 |
A handful of calculated indicators summarize the debt outlook at STU.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at STU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18020 |
| Total Stafford loan amount | $708,694,396 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 34 |
| Total GI Bill amount | $509,670 |
| Average GI Bill amount per recipient | $14,990 |
References
More about our data sources and methodologies.