by our College Data Analytics TeamMost 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 price tag of going to The Master’s University and Seminary can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can The Master’s University offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from The Master’s University and Seminary.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at The Master’s University and Seminary, 98% of new full-time first-years were awarded at least some aid some 270 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $16,990 |
| Institutional grants & scholarships | 97% | $14,532 |
| Federal Pell grants | 19% | $5,573 |
| State/local grants | 15% | $8,696 |
| Federal student loans | 49% | $5,370 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 72% of the undergraduate population received grant aid that averaged $19,563 (among about 1360 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $19,563 |
| Federal Pell grants | 21% | $5,191 |
| Federal student loans | 38% | $6,499 |
For students living on campus and receiving title-IV aid, grants averaged $22,198.
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 | $29,271 |
| $30,001 – $75,000 | $27,632 |
| Over $75,000 | $33,641 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $32,647 |
| Off-campus title-IV students | $32,121 |
For an estimate tailored to your family circumstances, see The Master’s University’s NPC: www.masters.edu/financial-aid/total-cost-calculator.
A typical borrower at The Master’s University leaves with $16,327 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,327 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at The Master’s University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,243 |
| 25th percentile | $7,500 |
| 75th percentile | $24,000 |
| 90th percentile (highest-debt students) | $29,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,500 |
| Middle income | $17,545 |
| High income | $17,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,838 |
| Continuing-generation students | $17,003 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,750 |
| Independent students | $12,729 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. The Master’s University.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at The Master’s University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3731 |
| Total Stafford loan amount | $64,732,417 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 105 |
| Total GI Bill amount | $1,251,005 |
| Average GI Bill amount per recipient | $11,914 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 15 |
| Total DoD amount | $29,250 |
| Average DoD amount per recipient | $1,950 |
References
More about our data sources and methodologies.