by our College Data Analytics TeamA large number of students will not be asked to pay 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 price of attendance at Thomas More University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Thomas More deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Thomas More University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Thomas More University, 100% of new full-time first-years were awarded at least some aid some 397 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $27,271 |
| Institutional grants & scholarships | 98% | $22,282 |
| Federal Pell grants | 39% | $5,387 |
| State/local grants | 54% | $5,772 |
| Federal student loans | 87% | $4,776 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Thomas More, roughly 93% of undergraduate students received gift aid averaging $18,972 (across approximately 1688 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $18,972 |
| Federal Pell grants | 23% | $5,380 |
| Federal student loans | 53% | $6,245 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $27,617.
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 | $14,924 |
| $30,001 – $75,000 | $17,855 |
| Over $75,000 | $22,851 |
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 | $21,835 |
| Off-campus title-IV students | $20,701 |
To project your own net price, use Thomas More’s net price calculator: www2.thomasmore.edu/financial_aid/netprice_introduction.cfm.
A typical borrower at Thomas More leaves with $14,376 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,376 |
| Median federal debt (graduates only) | $26,236 |
| Typical 10-year monthly payment (graduates) | $278.15/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Thomas More.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $28,216 |
| 90th percentile (highest-debt students) | $40,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,283 |
| Middle income | $13,090 |
| High income | $17,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,975 |
| Continuing-generation students | $12,751 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,375 |
| Independent students | $17,500 |
The figure below distills the debt data into a single burden category for Thomas More.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Thomas More:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7018 |
| Total Stafford loan amount | $139,819,981 |
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 | 17 |
| Total GI Bill amount | $115,276 |
| Average GI Bill amount per recipient | $6,781 |
References
More about our data sources and methodologies.