by our College Data Analytics TeamMost students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to University of New Hampshire at Manchester can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does UNH Manchester offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from University of New Hampshire at Manchester.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At University of New Hampshire at Manchester, 91% of entering full-time freshmen got some type of financial assistance around 62 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $9,927 |
| Institutional grants & scholarships | 85% | $8,187 |
| Federal Pell grants | 24% | $5,183 |
| State/local grants | 15% | $1,200 |
| Federal student loans | 29% | $4,264 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At UNH Manchester, roughly 77% of undergraduates were awarded an average grant or scholarship of $7,283 (across roughly 403 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $7,283 |
| Federal Pell grants | 29% | $4,965 |
| Federal student loans | 43% | $7,063 |
For students living on campus and receiving title-IV aid, grants averaged $10,028.
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 | $10,535 |
| $30,001 – $75,000 | $9,433 |
| Over $75,000 | $17,190 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,992 |
| Off-campus title-IV students | $13,302 |
To project your own net price, use UNH Manchester’s online cost calculator: app.meadowfi.com/unh.
The median federal debt load at UNH Manchester comes to $22,498 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $22,498 |
| Median federal debt (graduates only) | $26,814 |
| Typical 10-year monthly payment (graduates) | $284.27/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at UNH Manchester.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
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 | $22,704 |
| Middle income | $22,997 |
| High income | $21,801 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,580 |
| Continuing-generation students | $22,125 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,542 |
| Independent students | $20,200 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. UNH Manchester.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at UNH Manchester:
| Metric | Value |
|---|---|
| Stafford loan recipients | 46720 |
| Total Stafford loan amount | $956,922,760 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 45 |
| Total GI Bill amount | $527,622 |
| Average GI Bill amount per recipient | $11,725 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 15 |
| Total DoD amount | $44,333 |
| Average DoD amount per recipient | $2,956 |
References
More about our data sources and methodologies.