by our College Data Analytics TeamA lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Cortiva Institute, Cromwell can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Cortiva Institute provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Cortiva Institute, Cromwell.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Cortiva Institute, Cromwell, 57% of first-time, full-time freshmen received some form of financial aid around 94 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $4,359 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 48% | $4,291 |
| State/local grants | 0% | — |
| Federal student loans | 54% | $5,696 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Cortiva Institute, some 57% of undergrads got grants or scholarships worth on average $4,133 (among about 223 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $4,133 |
| Federal Pell grants | 57% | $4,078 |
| Federal student loans | 63% | $5,592 |
For students living on campus and receiving title-IV aid, grants averaged $3,117.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $34,368 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $34,436 |
| Off-campus title-IV students | $34,368 |
To get a personalized net price estimate, try Cortiva Institute’s NPC: www.cortiva.edu/consumer-information/#1508519590549-134539ca-76c4.
Graduating students at Cortiva Institute carry a median federal student debt of $11,259 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,259 |
| Median federal debt (graduates only) | $11,259 |
| Typical 10-year monthly payment (graduates) | $119.36/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. Use the percentiles below to see the debt range at Cortiva Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,800 |
| 25th percentile | $4,400 |
| 75th percentile | $7,600 |
| 90th percentile (highest-debt students) | $7,600 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $11,259 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,234 |
| Independent students | $11,259 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Cortiva Institute.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Cortiva Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3128 |
| Total Stafford loan amount | $23,273,267 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $94,828 |
| Average GI Bill amount per recipient | $8,621 |
References
More about our data sources and methodologies.