by our College Data Analytics TeamThe total cost of attendance at Dominican University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Uncover the various financial aid options provided by Dominican U and determine which ones you may be eligible for by continuing your exploration.
$24,244.00 is the typical Dominican University’s first year financial aid package. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Dominican University.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers pertain to assistance that is supplied by Dominican University.
100% of incoming freshmen (419 total) were given scholarships at Dominican University, averaging $18,987.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 49% of first years (206 total) were awarded federal grant aid, averaging $5,138.00 each.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 20.05% | $26,856.00 |
| Income 30k-48k | 14.32% | $28,325.00 |
| Income 48k-75k | 17.42% | $24,390.00 |
| Income 75k-110k | 13.84% | $21,848.00 |
| Income 110k + | 13.13% | $20,168.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
419 Dominican U undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $24,244.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.