Many students will not be asked to pay 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 price of attendance at Xavier University of Louisiana can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will XULA offer you, and what will you qualify for? Read on for more information. Scroll down to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Xavier University of Louisiana.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Xavier University of Louisiana, 100% of the incoming full-time class was awarded financial aid approximately 682 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $23,297 |
| Institutional grants & scholarships | 100% | $16,722 |
| Federal Pell grants | 64% | $6,836 |
| State/local grants | 32% | $6,359 |
| Federal student loans | 62% | $5,470 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At XULA, roughly 88% of the undergraduate population received grant aid that averaged $20,306 (across roughly 2274 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $20,306 |
| Federal Pell grants | 54% | $6,808 |
| Federal student loans | 56% | $6,376 |
Title-IV recipients living on campus saw average grant aid of $23,307.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,789 |
| $30,001 – $75,000 | $17,681 |
| Over $75,000 | $24,105 |
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 | $17,127 |
| Off-campus title-IV students | $18,285 |
For an estimate tailored to your family circumstances, see XULA’s NPC: xula.clearcostcalculator.com/student/default/netpricecalculator/survey.
The median federal debt load at XULA comes to $14,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,000 |
| Median federal debt (graduates only) | $24,053 |
| Typical 10-year monthly payment (graduates) | $255.0/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at XULA.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,500 |
| 75th percentile | $27,700 |
| 90th percentile (highest-debt students) | $42,250 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,000 |
| Middle income | $14,750 |
| High income | $13,750 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,784 |
| Continuing-generation students | $15,111 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $16,750 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. XULA.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at XULA:
| Metric | Value |
|---|---|
| Stafford loan recipients | 20218 |
| Total Stafford loan amount | $629,086,689 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 30 |
| Total GI Bill amount | $484,499 |
| Average GI Bill amount per recipient | $16,150 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $8,233 |
| Average DoD amount per recipient | $2,058 |
References
More about our data sources and methodologies.