by our College Data Analytics TeamA lot of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to EHOVE Career Center can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financing options does EHOVE Career Center offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to see what amount of financial assistance could be accessible 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 figures below will help you estimate the aid you might receive from EHOVE Career Center.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at EHOVE Career Center, 22% of the incoming full-time class was awarded financial aid roughly 11 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 22% | $4,341 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 16% | $3,752 |
| State/local grants | 6% | $5,912 |
| Federal student loans | 20% | $3,146 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 40% of undergraduates were awarded an average grant or scholarship of $5,195 (among about 203 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 40% | $5,195 |
| Federal Pell grants | 35% | $3,947 |
| Federal student loans | 44% | $4,829 |
The median student at EHOVE Career Center graduates with $6,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $7,672 |
| Typical 10-year monthly payment (graduates) | $81.34/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at EHOVE Career Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,501 |
| 25th percentile | $3,941 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $10,931 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,672 |
| Middle income | $6,333 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,818 |
| Independent students | $8,444 |
The figure below distills the debt data into a single burden category for EHOVE Career Center.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at EHOVE Career Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2178 |
| Total Stafford loan amount | $17,385,466 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $74,438 |
| Average GI Bill amount per recipient | $4,963 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.