by our College Data Analytics TeamThe majority of 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 price of attendance at San Ignacio University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will San Ignacio University offer you, 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.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from San Ignacio 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.
For incoming first-year students at San Ignacio University, 100% of new full-time first-years were awarded at least some aid some 11 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,057 |
| Institutional grants & scholarships | 100% | $3,048 |
| Federal Pell grants | 18% | $5,547 |
| State/local grants | 0% | — |
| Federal student loans | 9% | $9,500 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At San Ignacio University, about 25% of the undergraduate population received grant aid that averaged $5,836 (across roughly 52 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $5,836 |
| Federal Pell grants | 3% | $6,779 |
| Federal student loans | 3% | $7,860 |
For on-campus title-IV students, average grant aid came to $5,547.
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 |
|---|---|
| $30,001 – $75,000 | $9,433 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $10,637 |
| Off-campus title-IV students | $9,433 |
To get a personalized net price estimate, try San Ignacio University’s NPC: landit2021.github.io/siu-calc/.
A handful of calculated indicators summarize the debt outlook at San Ignacio University.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at San Ignacio University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 49 |
| Total Stafford loan amount | $572,299 |
References
More about our data sources and methodologies.