Most students will never be charged 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 price of attendance at University of Puget Sound can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financing options does Puget Sound offer, and what will you qualify for? Keep scrolling for more information. Keep going to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from University of Puget Sound.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at University of Puget Sound, 100% of entering full-time freshmen got some type of financial assistance approximately 463 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $35,179 |
| Institutional grants & scholarships | 98% | $33,520 |
| Federal Pell grants | 14% | $5,266 |
| State/local grants | 7% | $7,241 |
| Federal student loans | 42% | $5,188 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Puget Sound, roughly 99% of undergraduates were awarded an average grant or scholarship of $36,377 (across roughly 1610 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $36,377 |
| Federal Pell grants | 17% | $5,298 |
| Federal student loans | 43% | $6,270 |
Title-IV recipients living on campus saw average grant aid of $39,984.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $28,947 |
| $30,001 – $75,000 | $31,673 |
| Over $75,000 | $43,723 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $38,394 |
| Off-campus title-IV students | $38,920 |
To project your own net price, use Puget Sound’s net price tool: collegepricecalculator.com/UniversityofPugetSound.
Graduating students at Puget Sound carry a median federal student debt of $19,250 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,250 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Puget Sound.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,584 |
| 25th percentile | $6,000 |
| 75th percentile | $29,000 |
| 90th percentile (highest-debt students) | $39,750 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,593 |
| Middle income | $19,375 |
| High income | $18,939 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,000 |
| Independent students | $23,000 |
A handful of calculated indicators summarize the debt outlook at Puget Sound.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Puget Sound:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7665 |
| Total Stafford loan amount | $153,763,538 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 48 |
| Total GI Bill amount | $1,609,783 |
| Average GI Bill amount per recipient | $33,537 |
References
More about our data sources and methodologies.