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Fordham University Average Financial Aid

Last Updated on July 31, 2023 by Oluwajuwon Alvina

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Fordham University Tuition & Financial Aid

Fordham University’s tuition is $54,093. Compared with the national average cost of tuition of $40,550, Fordham University is more expensive.

These figures include both tuition and fees, also referred to as the sticker price. Fees differ by institution and may fund library services, student gym facilities, student centers, technology resources and campus health centers.

As you’re comparing costs of different institutions, also consider the total cost and the net price. The total cost is the sticker price, plus the cost of room and board, books and supplies, and transportation and personal expenses. At Fordham University, the total cost is $76,589. The net price is the average cost of the university after aid and scholarship funds are discounted from the total cost, which comes in at $47,041 for the average student receiving need-based aid.

Fordham University Presidential Scholarships 2020/2021 for ...

Fordham University Tuition & Expenses

Tuition and fees

$54,093(2019-20)

Average annual cost

$35,694

Average annual cost by family income

FAMILY INCOME AVERAGE COST
$0-$30,000 $21,613
$30,001-$48,000 $27,354
$48,001-$75,000 $32,480
$75,001-$110,000 $34,459
$110,001+ $41,730

How Much Aid Is Offered in Scholarships & Grants?

The stats listed below make reference to help which is provided by Fordham University.

89.0% of first year students (1,953 total) were given scholarships at Fordham University, averaging $25,642 a piece. This puts it in the top 20th percentile of all colleges in the country.

As well as scholarships, 17.0% of first years (376 total) were awarded a federal grant, averaging $5,461 each.

How Financial Need Affects Financial Aid

Learn just how much scholarship and grant assistance you might expect to be given determined by your family income. The chart below displays first year students getting Title IV aid such as PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k9.3%$43,492
Income 30k-48k5.1%$37,751
Income 48k-75k5.0%$32,625
Income 75k-110k5.8%$30,646
Income 110k +32.6%$23,375

International Student Scholarships

Financial Aid | International Student Scholarships

Fordham University commits significant funds to support scholarships. Awards are made on a competitive basis taking into consideration academic and performance profiles, leadership, and other factors.

These four-year scholarships may be received for up to eight semesters (fall and spring only). The first five scholarships below are the most competitive. They are awarded to our top applicants upon admission.

Presidential Scholarships for International Students at Fordham ...

Maurice J. and Carolyn Dursi Cunniffe Presidential Scholarship

The Presidential Scholarship is awarded to entering traditional first-year students who generally rank in the top 1 to 2 percent in their high school class. The Presidential Scholarship is awarded to the top 20 admitted students each year. 

The scholarship is awarded on the basis of excellent academic achievement in high school, test scores and personal characteristics.
 

Excellence in Theatre Scholarship

The Excellence in Theatre Scholarship is awarded to the top two theatre admits.

The scholarship is awarded on the basis of excellent academic achievement in high school, test scores and personal characteristics. 

Fordham Scholarship for Semifinalists

The Fordham Scholarship for Semifinalists is awarded to finalists and semifinalists in the National Merit or National Hispanic Recognition competitions who are entering first-year students, have an A or A- average, and are in the top 2-3% of all admitted students.

Dean’s Scholarship

The Dean’s Scholarship is awarded to entering traditional first years on the basis of having attained a solid A or A- average, high academic performance in a competitive curriculum, and above 1490 on a 1600 scale or its equivalent on standardized testing. (Note: This number represents the minimum score converted to the new SAT scale.)

Recipients are among the top 10 percent of all admitted students.

To renew the award, students must maintain full-time status, satisfactory academic progress, a 3.0 cumulative GPA, and compliance with the University’s policies and Code of Conduct.

Fordham Theatre Scholarship

The Fordham Theatre Scholarship is awarded to students based on both talent and financial need. All entering first-year candidates for admission who are theatre majors are considered for the scholarship.

Loyola Scholarships

These scholarships are awarded to entering traditional first-year and transfer students who show high academic performance and leadership ability and have not been offered one of the scholarships described above. 

Financial Aid Statistics for Fordham University

Financial aid refers to funding that students can use to pay for college and is generally awarded based on need or merit.

Need-based aid is determined by your or your family’s demonstrated ability to pay for college, as calculated by the Free Application for Federal Student Aid, known as the FAFSA. The average need-based scholarship or grant awarded to first-year students at Fordham University was $31,824. Additionally, 60% of students received need-based financial aid that year.

Need-based self-help aid includes federal loans and work-study. In 2020, the average need-based self-help aid awarded to first-year students was 42%.

Merit-based aid, also called non-need-based aid, is awarded for a specific talent or athletic or academic achievement. In 2020, the average non-need-based scholarship or grant awarded to first-year students at Fordham University was $5,515.

Fordham University met 77% of its students’ financial aid need. Read below to learn more about the types of aid available.

100%

75%

50%

25%

0%

100%

75%

50%

25%

0%

Applied for need-based aid

Need was fully met

Received need-based financial aid

Received need-based self-help aid

Average percent of need metTypes of need-based scholarships/grants availableUNLOCK WITH COMPASSApplication deadline for financial aidUNLOCK WITH COMPASSUnlock these and 21 other Financial Aid Statistics for Fordham University data points with U.S. News College Compass »

Student Loan Debt for Fordham University

How much student loan debt you accumulate can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate.

At Fordham University, the median federal loan debt among borrowers who completed their undergraduate degree is $26,000. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $276.

Additionally, 14% of graduating students at Fordham University took out private loans. Students with private loans had an average of $56,665 in private loan debt at graduation.

Typical total debt after graduation

$26,000

Typical total debt among those who did not graduate

$9,500

Typical total debt by family income

FAMILY INCOME TOTAL DEBT
$0-$30,000 $16,737
$30,001-$75,000 $21,687
$75,001+ $23,250

Typical monthly loan payment

$276

Undergraduates paying down their debt

77%

Undergraduates paying down their debt by family income

FAMILY INCOME PAYING DOWN DEBT
$0-$30,000 62%
$30,001-$75,000 71%
$75,001+ 85%

Average total indebtedness of 2018 graduating class

$37,429

Graduating students who have borrowed (any loan type,

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