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Saturday, September 21, 2024

Cost of college went up for all students at Howard Payne University

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Tuition and fees rose 1.4 percent for 2018-19 at Howard Payne University, according to recent data from the U.S. Department of Education.

Texas students paid $28,090 to attend the four-year private not-for-profit institution this year – $400 more than the $27,690 charged for 2017-18.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 239 students received grants or scholarships totaling $4 million and 203 students took out student loans totaling more than $1.6 million.

Including all undergraduates (1,027), 871 students used grants or scholarships totaling $14.4 million, and 677 students took out $4.4 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~1,006$25,600$26,630$27,690$28,0909.7%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Howard Payne University in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants12250%$586,830$4,810
State / local grant or scholarship15864%$511,806$3,239
Institutional grants or scholarships23796%$2,949,443$12,445
Grant or scholarship aid total23997%$4,048,079$16,938
Federal student loans20282%$1,065,789$5,276
Other student loans4719%$575,254$12,239
Student loan aid20383%$1,641,043$8,084
Total student aid24499%--

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