by our College Data Analytics TeamMost 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 price tag of going to Trine University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Trine offer you, and what will you qualify for? Keep reading for more information. Scroll down to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Trine University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Trine University, 96% of the incoming full-time class was awarded financial aid some 650 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $25,754 |
| Institutional grants & scholarships | 96% | $22,065 |
| Federal Pell grants | 30% | $5,454 |
| State/local grants | 22% | $8,801 |
| Federal student loans | 67% | $5,363 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Trine, around 56% of undergraduate students received gift aid averaging $24,594 (across approximately 2312 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $24,594 |
| Federal Pell grants | 16% | $5,154 |
| Federal student loans | 39% | $6,280 |
For students living on campus and receiving title-IV aid, grants averaged $25,754.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,581 |
| $30,001 – $75,000 | $19,413 |
| Over $75,000 | $28,407 |
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 | $25,355 |
| Off-campus title-IV students | $25,580 |
For a customized cost estimate, visit Trine’s net price tool: www.trine.edu/admission-aid/tuition-aid/trine-net-price-calculator.aspx.
The median federal debt load at Trine comes to $18,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,500 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Trine.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,524 |
| 25th percentile | $6,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,250 |
| Middle income | $18,622 |
| High income | $19,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,000 |
| Continuing-generation students | $19,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $12,175 |
These indicators are derived from the underlying debt data and summarize the overall picture at Trine.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Trine:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9373 |
| Total Stafford loan amount | $168,973,804 |
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 | 27 |
| Total GI Bill amount | $428,101 |
| Average GI Bill amount per recipient | $15,856 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.