by our College Data Analytics TeamMany 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 price of attendance at Academy of Massage and Bodywork can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Academy of Massage and Bodywork offer, and what will you qualify for? Read on for more information. Keep going to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Academy of Massage and Bodywork.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
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 Academy of Massage and Bodywork, some 47% of undergraduate students received gift aid averaging $4,267 (for some 79 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 47% | $4,267 |
| Federal Pell grants | 45% | $4,098 |
| Federal student loans | 46% | $5,613 |
The median federal debt load at Academy of Massage and Bodywork comes to $6,333 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Academy of Massage and Bodywork.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,243 |
| 25th percentile | $4,354 |
| 75th percentile | $6,967 |
| 90th percentile (highest-debt students) | $6,967 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Academy of Massage and Bodywork.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Academy of Massage and Bodywork:
| Metric | Value |
|---|---|
| Stafford loan recipients | 636 |
| Total Stafford loan amount | $3,340,490 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $11,400 |
| Average GI Bill amount per recipient | $11,400 |
References
More about our data sources and methodologies.