by our College Data Analytics TeamMost 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 cost of going to Washburn University can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Washburn University offer, and what will you qualify for? Keep reading for more information. Scroll down to learn how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Washburn University.
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. 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 Washburn University, 96% of first-time, full-time freshmen received some form of financial aid (about 848 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $9,781 |
| Institutional grants & scholarships | 86% | $6,166 |
| Federal Pell grants | 47% | $6,006 |
| State/local grants | 36% | $2,951 |
| Federal student loans | 34% | $5,102 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Washburn University, roughly 70% of undergrads got grants or scholarships worth on average $9,021 (across roughly 3465 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $9,021 |
| Federal Pell grants | 34% | $5,849 |
| Federal student loans | 31% | $6,664 |
On-campus students receiving title-IV aid were awarded grants averaging $6,232.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,773 |
| $30,001 – $75,000 | $12,033 |
| Over $75,000 | $17,401 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $15,280 |
| Off-campus title-IV students | $13,046 |
To get a personalized net price estimate, try Washburn University’s net price tool: www.washburn.edu/netpricecalculator.
A typical borrower at Washburn University leaves with $12,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,500 |
| Median federal debt (graduates only) | $18,127 |
| Typical 10-year monthly payment (graduates) | $192.18/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Washburn University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,769 |
| 25th percentile | $5,500 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $39,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $12,500 |
| High income | $13,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,500 |
| Continuing-generation students | $12,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,250 |
| Independent students | $13,579 |
These indicators are derived from the underlying debt data and summarize the overall picture at Washburn University.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Washburn University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 27109 |
| Total Stafford loan amount | $669,347,762 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 113 |
| Total GI Bill amount | $822,242 |
| Average GI Bill amount per recipient | $7,276 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 8 |
| Total DoD amount | $28,055 |
| Average DoD amount per recipient | $3,507 |
References
More about our data sources and methodologies.