by our College Data Analytics TeamThe majority of students are not billed 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 price tag of going to Ursuline College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Ursuline College offer, and what will you qualify for? Keep reading for more information. Keep going to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ursuline College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Ursuline College, 100% of first-time, full-time freshmen received some form of financial aid (about 114 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $34,422 |
| Institutional grants & scholarships | 100% | $27,596 |
| Federal Pell grants | 59% | $6,281 |
| State/local grants | 56% | $5,111 |
| Federal student loans | 93% | $4,403 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Ursuline College, roughly 99% of undergraduates were awarded grant or scholarship aid averaging $22,281 (for some 630 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $22,281 |
| Federal Pell grants | 43% | $5,259 |
| Federal student loans | 85% | $6,195 |
For on-campus title-IV students, average grant aid came to $34,359.
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 | $13,394 |
| $30,001 – $75,000 | $17,428 |
| Over $75,000 | $22,510 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $16,164 |
| Off-campus title-IV students | $18,027 |
For an estimate tailored to your family circumstances, see Ursuline College’s NPC: www.ursuline.edu/inc/net-price-calculator.html.
Graduating students at Ursuline College carry a median federal student debt of $21,938 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,938 |
| Median federal debt (graduates only) | $26,250 |
| Typical 10-year monthly payment (graduates) | $278.29/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Ursuline College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,528 |
| 75th percentile | $33,187 |
| 90th percentile (highest-debt students) | $43,671 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $20,306 |
| High income | $20,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,938 |
| Continuing-generation students | $22,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,000 |
| Independent students | $25,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Ursuline College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Ursuline College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6527 |
| Total Stafford loan amount | $219,994,070 |
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 | 14 |
| Total GI Bill amount | $148,615 |
| Average GI Bill amount per recipient | $10,615 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.