by our College Data Analytics TeamMany 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 total cost of going to University of Northern Colorado can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can University of Northern Colorado offer, and what will you qualify for? Keep reading for more information. Read on to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from University of Northern Colorado.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. 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 University of Northern Colorado, 97% of first-time, full-time freshmen received some form of financial aid roughly 1182 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $9,992 |
| Institutional grants & scholarships | 93% | $5,393 |
| Federal Pell grants | 33% | $5,598 |
| State/local grants | 41% | $6,198 |
| Federal student loans | 45% | $5,368 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At University of Northern Colorado, some 88% of undergraduates were awarded an average grant or scholarship of $9,175 (for some 5840 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $9,175 |
| Federal Pell grants | 26% | $5,930 |
| Federal student loans | 37% | $6,675 |
For students living on campus and receiving title-IV aid, grants averaged $11,494.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,109 |
| $30,001 – $75,000 | $16,383 |
| Over $75,000 | $21,742 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $17,760 |
| Off-campus title-IV students | $18,457 |
To get a personalized net price estimate, try University of Northern Colorado’s NPC: www.unco.edu/financial-aid/resources/net-price-calculator.aspx.
Graduating students at University of Northern Colorado carry a median federal student debt of $13,805 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,805 |
| Median federal debt (graduates only) | $20,470 |
| Typical 10-year monthly payment (graduates) | $217.02/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
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 University of Northern Colorado.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $23,741 |
| 90th percentile (highest-debt students) | $31,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,000 |
| Middle income | $12,750 |
| High income | $14,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,461 |
| Continuing-generation students | $14,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,200 |
| Independent students | $15,939 |
The figure below distills the debt data into a single burden category for University of Northern Colorado.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at University of Northern Colorado:
| Metric | Value |
|---|---|
| Stafford loan recipients | 38343 |
| Total Stafford loan amount | $764,447,640 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 161 |
| Total GI Bill amount | $1,533,158 |
| Average GI Bill amount per recipient | $9,523 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 9 |
| Total DoD amount | $27,000 |
| Average DoD amount per recipient | $3,000 |
References
More about our data sources and methodologies.