by our College Data Analytics TeamA lot of students are not billed 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 Shippensburg University of Pennsylvania can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Ship deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Shippensburg University of Pennsylvania.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Shippensburg University of Pennsylvania, 98% of entering full-time freshmen got some type of financial assistance (about 1074 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $6,756 |
| Institutional grants & scholarships | 75% | $3,045 |
| Federal Pell grants | 38% | $5,556 |
| State/local grants | 38% | $4,341 |
| Federal student loans | 70% | $5,490 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, roughly 83% of the undergraduate population received grant aid that averaged $7,828 (across approximately 3671 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $7,828 |
| Federal Pell grants | 30% | $5,158 |
| Federal student loans | 58% | $6,182 |
Title-IV recipients living on campus saw average grant aid of $7,059.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,353 |
| $30,001 – $75,000 | $20,555 |
| Over $75,000 | $26,994 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,726 |
| Off-campus title-IV students | $23,553 |
For an estimate tailored to your family circumstances, see Ship’s NPC: ship.studentaidcalculator.com/survey.aspx.
The median student at Ship graduates with $16,192 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,192 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the 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 Ship.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,030 |
| 25th percentile | $6,699 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,250 |
| Middle income | $17,173 |
| High income | $17,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,652 |
| Continuing-generation students | $17,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,192 |
| Independent students | $16,227 |
A handful of calculated indicators summarize the debt outlook at Ship.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Ship:
| Metric | Value |
|---|---|
| Stafford loan recipients | 25191 |
| Total Stafford loan amount | $444,705,011 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 101 |
| Total GI Bill amount | $942,429 |
| Average GI Bill amount per recipient | $9,331 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 64 |
| Total DoD amount | $179,333 |
| Average DoD amount per recipient | $2,802 |
References
More about our data sources and methodologies.