by our College Data Analytics TeamA lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Upper Iowa University can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can UIU offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Upper Iowa University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Upper Iowa University, 98% of first-year full-time students received aid of some kind around 152 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $13,596 |
| Institutional grants & scholarships | 86% | $10,606 |
| Federal Pell grants | 40% | $5,450 |
| State/local grants | 28% | $6,396 |
| Federal student loans | 64% | $5,547 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At UIU, roughly 55% of undergrads got grants or scholarships worth on average $9,339 (covering around 1365 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $9,339 |
| Federal Pell grants | 32% | $5,326 |
| Federal student loans | 40% | $8,537 |
Title-IV recipients living on campus saw average grant aid of $13,080.
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 | $23,925 |
| $30,001 – $75,000 | $19,589 |
| Over $75,000 | $23,637 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $20,942 |
| Off-campus title-IV students | $23,172 |
To get a personalized net price estimate, try UIU’s online cost calculator: uiu.edu/financial-aid/net-price-calculator.html.
The middle student in the debt distribution at UIU owes $18,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,000 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown 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 UIU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $6,250 |
| 75th percentile | $27,687 |
| 90th percentile (highest-debt students) | $37,350 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,255 |
| Middle income | $17,500 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,750 |
| Continuing-generation students | $15,225 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,450 |
| Independent students | $20,860 |
The figure below distills the debt data into a single burden category for UIU.
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 UIU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 22906 |
| Total Stafford loan amount | $565,106,708 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 253 |
| Total GI Bill amount | $1,247,370 |
| Average GI Bill amount per recipient | $4,930 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 602 |
| Total DoD amount | $1,320,349 |
| Average DoD amount per recipient | $2,193 |
References
More about our data sources and methodologies.