by our College Data Analytics TeamA large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Temple University can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Temple provide, and just what are you going to be eligible for? Read on for answers. Scroll down to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Temple University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Temple University, 93% of new full-time first-years were awarded at least some aid (about 3474 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $14,837 |
| Institutional grants & scholarships | 84% | $11,551 |
| Federal Pell grants | 38% | $5,613 |
| State/local grants | 25% | $4,897 |
| Federal student loans | 57% | $5,193 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Temple, about 79% of undergraduate students received gift aid averaging $12,143 (across approximately 17128 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $12,143 |
| Federal Pell grants | 32% | $5,438 |
| Federal student loans | 53% | $6,532 |
Title-IV recipients living on campus saw average grant aid of $12,705.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,548 |
| $30,001 – $75,000 | $26,513 |
| Over $75,000 | $33,771 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $28,198 |
| Off-campus title-IV students | $29,219 |
For a customized cost estimate, visit Temple’s official net price calculator: sfs.temple.edu/sites/sfs/files/NetPrice.html.
Graduating students at Temple carry a median federal student debt of $19,750 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,750 |
| Median federal debt (graduates only) | $24,395 |
| Typical 10-year monthly payment (graduates) | $258.63/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Temple.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,000 |
| 75th percentile | $28,500 |
| 90th percentile (highest-debt students) | $36,458 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $20,500 |
| Middle income | $20,000 |
| High income | $19,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,248 |
| Continuing-generation students | $19,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $22,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Temple.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Temple:
| Metric | Value |
|---|---|
| Stafford loan recipients | 130061 |
| Total Stafford loan amount | $4,058,782,912 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 282 |
| Total GI Bill amount | $5,004,216 |
| Average GI Bill amount per recipient | $17,745 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 32 |
| Total DoD amount | $101,886 |
| Average DoD amount per recipient | $3,184 |
References
More about our data sources and methodologies.