by our College Data Analytics TeamA large number of students will never be charged 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 total cost of going to Institute of Health Sciences can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does Institute of Health Sciences deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to learn just how much financial aid will 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. Read on to get a sense of the financial assistance available at Institute of Health Sciences.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Institute of Health Sciences, 80% of first-time, full-time freshmen received some form of financial aid roughly 32 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $4,844 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $4,844 |
| State/local grants | 0% | — |
| Federal student loans | 70% | $7,321 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Institute of Health Sciences, about 41% of undergraduates were awarded grant or scholarship aid averaging $3,594 (for some 72 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $3,594 |
| Federal Pell grants | 41% | $3,594 |
| Federal student loans | 50% | $5,690 |
Title-IV recipients living on campus saw average grant aid of $4,844.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,028 |
| $30,001 – $75,000 | $23,663 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,656 |
| Off-campus title-IV students | $22,028 |
For a personalized estimate based on your family’s financial situation, use Institute of Health Sciences’s online cost calculator: www.instituteofhealthscience.org/fin_calc.htm.
Graduating students at Institute of Health Sciences carry a median federal student debt of $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Institute of Health Sciences.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,429 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,800 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Institute of Health Sciences.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Institute of Health Sciences:
| Metric | Value |
|---|---|
| Stafford loan recipients | 625 |
| Total Stafford loan amount | $5,012,453 |
References
More about our data sources and methodologies.