by our College Data Analytics TeamThe majority of students will never be charged 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 sum total of attendance at Salve Regina University can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does Salve Regina provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Salve Regina University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Salve Regina University, 100% of first-year full-time students received aid of some kind (about 552 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $32,350 |
| Institutional grants & scholarships | 100% | $31,343 |
| Federal Pell grants | 15% | $5,177 |
| State/local grants | 3% | $1,450 |
| Federal student loans | 73% | $5,476 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Salve Regina, roughly 97% of the undergraduate population received grant aid that averaged $27,842 (across roughly 2057 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $27,842 |
| Federal Pell grants | 15% | $5,359 |
| Federal student loans | 70% | $6,497 |
For on-campus title-IV students, average grant aid came to $33,663.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $28,319 |
| $30,001 – $75,000 | $29,669 |
| Over $75,000 | $37,673 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $36,967 |
| Off-campus title-IV students | $35,682 |
To project your own net price, use Salve Regina’s official net price calculator: salve.wbnpc.com/.
The middle student in the debt distribution at Salve Regina owes $27,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $27,000 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Salve Regina.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $10,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $30,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $27,000 |
| Middle income | $27,000 |
| High income | $26,351 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $27,000 |
| Continuing-generation students | $26,950 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $27,000 |
| Independent students | $15,557 |
The figure below distills the debt data into a single burden category for Salve Regina.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Salve Regina:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8651 |
| Total Stafford loan amount | $162,316,659 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $279,757 |
| Average GI Bill amount per recipient | $18,650 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,500 |
| Average DoD amount per recipient | $1,500 |
References
More about our data sources and methodologies.