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 price tag of going to University of Mount Union can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Mount Union offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to discover what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at University of Mount Union.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at University of Mount Union, 100% of entering full-time freshmen got some type of financial assistance roughly 535 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $25,597 |
| Institutional grants & scholarships | 100% | $22,750 |
| Federal Pell grants | 29% | $5,650 |
| State/local grants | 26% | $4,165 |
| Federal student loans | 86% | $5,603 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, roughly 92% of undergrads got grants or scholarships worth on average $24,277 (across roughly 1767 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $24,277 |
| Federal Pell grants | 28% | $5,526 |
| Federal student loans | 76% | $6,576 |
On-campus students receiving title-IV aid were awarded grants averaging $25,996.
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 | $18,619 |
| $30,001 – $75,000 | $19,381 |
| Over $75,000 | $24,596 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $23,280 |
| Off-campus title-IV students | $22,539 |
For a customized cost estimate, visit Mount Union’s net price calculator: mountunion.aidcalc.cloud/.
The median student at Mount Union graduates with $20,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/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. Use the percentiles below to see the debt range at Mount Union.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $28,290 |
| 90th percentile (highest-debt students) | $33,585 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,500 |
| Middle income | $20,500 |
| High income | $22,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $21,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,500 |
| Independent students | $20,658 |
The figure below distills the debt data into a single burden category for Mount Union.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Mount Union:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9254 |
| Total Stafford loan amount | $171,650,273 |
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 | 21 |
| Total GI Bill amount | $492,760 |
| Average GI Bill amount per recipient | $23,465 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $2,000 |
| Average DoD amount per recipient | $2,000 |
References
More about our data sources and methodologies.