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University of Saint Francis-Fort Wayne Financial Aid and Scholarship Details

100% Freshmen Get Financial Aid
$28,180 Average Grant & Scholarship
98% Undergrads Get Grant Aid

Many 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 price tag of going to University of Saint Francis-Fort Wayne can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financial assistance options will University of St. Francis Fort Wayne offer you, and what will you qualify for? Read on for more information. Read on to find out how much school funding will be available to you.

Why You Should Understand University of St. Francis Fort Wayne Financial Aid Information

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 Saint Francis-Fort Wayne.

Financial Aid for First-Year Students at University of Saint Francis-Fort Wayne

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. However, some types of aid are more desirable than others, and some students will receive more than others.

At University of Saint Francis-Fort Wayne, 100% of first-year full-time students received aid of some kind approximately 408 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$28,063
Institutional grants & scholarships100%$20,569
Federal Pell grants44%$5,842
State/local grants46%$10,139
Federal student loans58%$4,757

Grant Aid for Undergraduates at University of Saint Francis-Fort Wayne

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at University of St. Francis Fort Wayne, around 98% of undergraduates were awarded grant or scholarship aid averaging $28,180 (for some 1576 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)98%$28,180
Federal Pell grants44%$5,858
Federal student loans61%$6,249

On-campus students receiving title-IV aid were awarded grants averaging $29,027.

Net Price by Family Income at University of Saint Francis-Fort Wayne

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$17,945
$30,001 – $75,000$17,549
Over $75,000$23,191

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Average Net Price for University of Saint Francis-Fort Wayne

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$18,196
Off-campus title-IV students$20,361

For a personalized estimate based on your family’s financial situation, use University of St. Francis Fort Wayne’s official net price calculator: www.sf.edu/netpricecalculator/.

Student Debt Levels at University of Saint Francis-Fort Wayne

The median federal debt load at University of St. Francis Fort Wayne comes to $18,750 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$18,750
Median federal debt (graduates only)$25,976
Typical 10-year monthly payment (graduates)$275.39/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

How Debt Is Distributed Across Students

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 University of St. Francis Fort Wayne.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,001
25th percentile$6,500
75th percentile$27,000
90th percentile (highest-debt students)$34,082

Debt by Student Cohort at University of Saint Francis-Fort Wayne

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$16,000
Middle income$19,000
High income$19,599

By First-Generation Status

CohortMedian federal debt
First-generation students$18,103
Continuing-generation students$19,725

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$19,500
Independent students$17,250

Debt Burden Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. University of St. Francis Fort Wayne.

Student Loans at University of Saint Francis-Fort Wayne

The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at University of St. Francis Fort Wayne:

MetricValue
Stafford loan recipients10431
Total Stafford loan amount$227,319,456

GI Bill and DoD Benefits at University of Saint Francis-Fort Wayne

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients24
Total GI Bill amount$405,493
Average GI Bill amount per recipient$16,896

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients5
Total DoD amount$18,250
Average DoD amount per recipient$3,650

University of Saint Francis-Fort Wayne Financial Aid Resources

References

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