by our College Data Analytics TeamA lot of students will not be asked to pay 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 sum total of attendance at Thomas University can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does TU deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Thomas University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Thomas University, 100% of first-year full-time students received aid of some kind some 133 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,256 |
| Institutional grants & scholarships | 58% | $2,543 |
| Federal Pell grants | 92% | $1,797 |
| State/local grants | 83% | $2,511 |
| Federal student loans | 83% | $2,557 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, roughly 90% of undergraduates were awarded an average grant or scholarship of $3,969 (across roughly 713 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $3,969 |
| Federal Pell grants | 55% | $2,647 |
| Federal student loans | 83% | $3,501 |
For students living on campus and receiving title-IV aid, grants averaged $4,580.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,614 |
| $30,001 – $75,000 | $19,857 |
| Over $75,000 | $20,499 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,499 |
| Off-campus title-IV students | $19,313 |
For a customized cost estimate, visit TU’s official net price calculator: www.thomasu.edu/.
The median federal debt load at TU comes to $15,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $21,198 |
| Typical 10-year monthly payment (graduates) | $224.73/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at TU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $5,500 |
| 75th percentile | $24,250 |
| 90th percentile (highest-debt students) | $37,500 |
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 | $17,750 |
| Middle income | $14,000 |
| High income | $14,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,250 |
| Continuing-generation students | $17,625 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $18,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. TU.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at TU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6768 |
| Total Stafford loan amount | $178,958,382 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 45 |
| Total GI Bill amount | $245,525 |
| Average GI Bill amount per recipient | $5,456 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 34 |
| Total DoD amount | $60,090 |
| Average DoD amount per recipient | $1,767 |
References
More about our data sources and methodologies.