by our College Data Analytics TeamA large number of students will never be charged 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 sum total of attendance at University of Mary Hardin-Baylor can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can UMHB deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from University of Mary Hardin-Baylor.
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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at University of Mary Hardin-Baylor, 99% of new full-time first-years were awarded at least some aid (about 820 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $19,320 |
| Institutional grants & scholarships | 53% | $26,506 |
| Federal Pell grants | 49% | $5,368 |
| State/local grants | 99% | $2,615 |
| Federal student loans | 66% | $5,610 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at UMHB, roughly 94% of undergraduate students received gift aid averaging $16,593 (among about 2853 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $16,593 |
| Federal Pell grants | 40% | $5,223 |
| Federal student loans | 61% | $6,787 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $20,768.
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 | $25,702 |
| $30,001 – $75,000 | $25,550 |
| Over $75,000 | $31,885 |
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 | $26,106 |
| Off-campus title-IV students | $28,690 |
To get a personalized net price estimate, try UMHB’s official net price calculator: go.umhb.edu/resources/financial-aid/resources.
A typical borrower at UMHB leaves with $15,750 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,750 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at UMHB.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $6,250 |
| 75th percentile | $29,000 |
| 90th percentile (highest-debt students) | $37,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $15,000 |
| Middle income | $15,595 |
| High income | $16,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $17,038 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $18,750 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. UMHB.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at UMHB:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14781 |
| Total Stafford loan amount | $308,018,855 |
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 | 223 |
| Total GI Bill amount | $4,348,597 |
| Average GI Bill amount per recipient | $19,500 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.