by our College Data Analytics TeamThe majority of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Shenandoah University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Shenandoah offer you, and what will you qualify for? Read on for more information. Read on to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Shenandoah 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.
At Shenandoah University, 100% of new full-time first-years were awarded at least some aid approximately 483 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,747 |
| Institutional grants & scholarships | 100% | $20,606 |
| Federal Pell grants | 26% | $5,696 |
| State/local grants | 50% | $5,009 |
| Federal student loans | 63% | $5,737 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, around 80% of undergrads got grants or scholarships worth on average $19,332 (across roughly 2075 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $19,332 |
| Federal Pell grants | 19% | $5,712 |
| Federal student loans | 51% | $7,512 |
For students living on campus and receiving title-IV aid, grants averaged $21,630.
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 | $22,514 |
| $30,001 – $75,000 | $25,469 |
| Over $75,000 | $33,622 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $30,298 |
| Off-campus title-IV students | $30,055 |
For a customized cost estimate, visit Shenandoah’s net price calculator: www.su.edu/financial-aid/net-cost-calculator/.
Graduating students at Shenandoah carry a median federal student debt of $19,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| 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.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Shenandoah.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $10,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,075 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $21,750 |
| Middle income | $19,000 |
| High income | $18,992 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $19,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,500 |
| Independent students | $24,940 |
These indicators are derived from the underlying debt data and summarize the overall picture at Shenandoah.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Shenandoah:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13067 |
| Total Stafford loan amount | $421,534,094 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 141 |
| Total GI Bill amount | $2,123,966 |
| Average GI Bill amount per recipient | $15,064 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $12,661 |
| Average DoD amount per recipient | $3,165 |
References
More about our data sources and methodologies.