by our College Data Analytics TeamThe majority of students are not billed 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 Myotherapy College of Utah can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Myotherapy College of Utah offer, and what will you qualify for? Keep reading for more information. Scroll down 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Myotherapy College of Utah.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Myotherapy College of Utah, 68% of new full-time first-years were awarded at least some aid around 13 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $4,133 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 63% | $4,133 |
| State/local grants | 0% | — |
| Federal student loans | 42% | $5,964 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 39% of the undergraduate population received grant aid that averaged $4,588 (covering around 36 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $4,588 |
| Federal Pell grants | 39% | $4,588 |
| Federal student loans | 53% | $6,010 |
On-campus students receiving title-IV aid were awarded grants averaging $3,754.
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 | $17,521 |
| Over $75,000 | $20,565 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $18,920 |
| Off-campus title-IV students | $14,913 |
For an estimate tailored to your family circumstances, see Myotherapy College of Utah’s net price calculator: www.myotherapycollege.edu/.
A typical borrower at Myotherapy College of Utah leaves with $8,233 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,233 |
| Median federal debt (graduates only) | $8,233 |
| Typical 10-year monthly payment (graduates) | $87.28/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Myotherapy College of Utah.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,766 |
| 75th percentile | $8,233 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,233 |
| Middle income | $8,233 |
| High income | $4,766 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,233 |
| Continuing-generation students | $8,107 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,766 |
| Independent students | $8,233 |
These indicators are derived from the underlying debt data and summarize the overall picture at Myotherapy College of Utah.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Myotherapy College of Utah:
| Metric | Value |
|---|---|
| Stafford loan recipients | 705 |
| Total Stafford loan amount | $4,869,692 |
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 | 4 |
| Total GI Bill amount | $36,290 |
| Average GI Bill amount per recipient | $9,073 |
References
More about our data sources and methodologies.