by our College Data Analytics TeamMost students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Cardiac and Vascular Institute of Ultrasound can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial aid options can CVIU offer, and what will you qualify for? Keep reading for more information. Keep reading to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Cardiac and Vascular Institute of Ultrasound.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At CVIU, roughly 61% of the undergraduate population received grant aid that averaged $7,949 (across approximately 31 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $7,949 |
| Federal Pell grants | 45% | $6,886 |
| Federal student loans | 100% | $10,891 |
Graduating students at CVIU carry a median federal student debt of $19,156 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,156 |
| Median federal debt (graduates only) | $19,160 |
| Typical 10-year monthly payment (graduates) | $203.13/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at CVIU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $11,480 |
| 75th percentile | $21,875 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,160 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $19,160 |
The figure below distills the debt data into a single burden category for CVIU.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at CVIU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 385 |
| Total Stafford loan amount | $6,263,163 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $79,383 |
| Average GI Bill amount per recipient | $11,340 |
References
More about our data sources and methodologies.