by our College Data Analytics TeamMany students will not be asked to pay 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 Orion Institute can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will Healing Arts Institute deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Orion Institute.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Orion Institute, 90% of the incoming full-time class was awarded financial aid approximately 27 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $4,888 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 83% | $4,599 |
| State/local grants | 7% | $1,800 |
| Federal student loans | 77% | $6,506 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Healing Arts Institute, roughly 74% of undergrads got grants or scholarships worth on average $5,023 (covering around 65 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $5,023 |
| Federal Pell grants | 74% | $4,468 |
| Federal student loans | 76% | $6,470 |
Title-IV recipients living on campus saw average grant aid of $4,641.
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 | $20,785 |
| $30,001 – $75,000 | $21,889 |
| Over $75,000 | $21,809 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,750 |
| Off-campus title-IV students | $25,055 |
For an estimate tailored to your family circumstances, see Healing Arts Institute’s official net price calculator: www.oi.edu/wp-content/uploads/2023/11/OI-Massage-Therapy-Net-Price-Calculator.html.
A typical borrower at Healing Arts Institute leaves with $7,885 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,885 |
| Median federal debt (graduates only) | $7,885 |
| Typical 10-year monthly payment (graduates) | $83.59/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Healing Arts Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,782 |
| 25th percentile | $4,565 |
| 75th percentile | $7,885 |
| 90th percentile (highest-debt students) | $7,917 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,885 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,565 |
| Independent students | $7,885 |
The figure below distills the debt data into a single burden category for Healing Arts Institute.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Healing Arts Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 561 |
| Total Stafford loan amount | $3,744,204 |
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 | 3 |
| Total GI Bill amount | $20,754 |
| Average GI Bill amount per recipient | $6,918 |
References
More about our data sources and methodologies.