by our College Data Analytics TeamThe majority of students are not billed 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 cost of going to College of Massage Therapy can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can College of Massage Therapy offer you, and what will you qualify for? Keep reading for more information. Keep going 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. The information provided on this page can help you determine how much aid you may receive from College of Massage Therapy.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at College of Massage Therapy, 81% of first-time, full-time freshmen received some form of financial aid (about 13 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $3,795 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 63% | $3,795 |
| State/local grants | 0% | — |
| Federal student loans | 69% | $3,939 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At College of Massage Therapy, some 63% of undergraduates were awarded grant or scholarship aid averaging $3,795 (across roughly 10 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $3,795 |
| Federal Pell grants | 63% | $3,795 |
| Federal student loans | 69% | $3,939 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,450.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,547 |
| $30,001 – $75,000 | $9,080 |
| Over $75,000 | $8,547 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,048 |
| Off-campus title-IV students | $9,507 |
To get a personalized net price estimate, try College of Massage Therapy’s online cost calculator: collegemassagetherapy.com/wp-content/uploads/2018/02/NPCalc201817-18.htm.
Federal data publishes pre-calculated indicators that summarize debt outcomes. College of Massage Therapy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at College of Massage Therapy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 164 |
| Total Stafford loan amount | $885,332 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $21,000 |
| Average GI Bill amount per recipient | $10,500 |
References
More about our data sources and methodologies.