A large number of students are not billed 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 Siena Heights University can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can Siena Heights University offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to find out just how much financial aid will be open 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 Siena Heights 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.
At Siena Heights University, 100% of first-year full-time students received aid of some kind (about 287 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $26,984 |
| Institutional grants & scholarships | 100% | $20,154 |
| Federal Pell grants | 44% | $5,974 |
| State/local grants | 53% | $7,523 |
| Federal student loans | 96% | $5,605 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Siena Heights University, approximately 82% of undergraduates were awarded an average grant or scholarship of $15,680 (covering around 1416 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $15,680 |
| Federal Pell grants | 34% | $5,235 |
| Federal student loans | 68% | $7,226 |
On-campus students receiving title-IV aid were awarded grants averaging $27,325.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,017 |
| $30,001 – $75,000 | $16,277 |
| Over $75,000 | $17,704 |
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 | $17,124 |
| Off-campus title-IV students | $17,185 |
To get a personalized net price estimate, try Siena Heights University’s official net price calculator: www.sienaheights.edu/financial-aid/.
A typical borrower at Siena Heights University leaves with $15,625 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,625 |
| Median federal debt (graduates only) | $18,750 |
| Typical 10-year monthly payment (graduates) | $198.78/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Siena Heights University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,690 |
| 25th percentile | $7,878 |
| 75th percentile | $22,018 |
| 90th percentile (highest-debt students) | $30,750 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $16,018 |
| Middle income | $15,625 |
| High income | $15,626 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,625 |
| Continuing-generation students | $17,187 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,240 |
| Independent students | $16,018 |
A handful of calculated indicators summarize the debt outlook at Siena Heights University.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Siena Heights University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12282 |
| Total Stafford loan amount | $273,661,716 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 32 |
| Total GI Bill amount | $321,991 |
| Average GI Bill amount per recipient | $10,062 |
References
More about our data sources and methodologies.