by our College Data Analytics TeamMost students are not billed 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 price of attendance at Ursinus College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Ursinus deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to learn just how much financial aid will be open 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 Ursinus College.
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 Ursinus College, 100% of first-time, full-time freshmen received some form of financial aid roughly 405 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $44,754 |
| Institutional grants & scholarships | 100% | $42,253 |
| Federal Pell grants | 20% | $5,981 |
| State/local grants | 24% | $4,326 |
| Federal student loans | 69% | $5,593 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Ursinus, some 99% of undergraduates were awarded grant or scholarship aid averaging $42,899 (among about 1484 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $42,899 |
| Federal Pell grants | 20% | $5,691 |
| Federal student loans | 65% | $6,722 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $46,279.
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 | $22,234 |
| $30,001 – $75,000 | $25,108 |
| Over $75,000 | $33,334 |
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 | $30,536 |
| Off-campus title-IV students | $30,485 |
For a customized cost estimate, visit Ursinus’s net price calculator: ursinus.wbnpc.com/.
The middle student in the debt distribution at Ursinus owes $26,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $26,000 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Ursinus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $13,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $27,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $27,000 |
| Middle income | $25,000 |
| High income | $26,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $26,267 |
| Continuing-generation students | $25,831 |
A handful of calculated indicators summarize the debt outlook at Ursinus.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Ursinus:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5338 |
| Total Stafford loan amount | $91,992,312 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 13 |
| Total GI Bill amount | $235,979 |
| Average GI Bill amount per recipient | $18,152 |
References
More about our data sources and methodologies.