by our College Data Analytics TeamMost 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 Roxborough Memorial Hospital School of Nursing can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial assistance options will Roxborough Memorial Hospital School of Nursing offer you, and what will you qualify for? Read on for more information. Keep going 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 Roxborough Memorial Hospital School of Nursing.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
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 Roxborough Memorial Hospital School of Nursing, roughly 44% of undergraduates were awarded an average grant or scholarship of $2,869 (among about 64 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $2,869 |
| Federal Pell grants | 44% | $2,869 |
| Federal student loans | 74% | $4,653 |
Graduating students at Roxborough Memorial Hospital School of Nursing carry a median federal student debt of $15,306 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,306 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/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 Roxborough Memorial Hospital School of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $10,500 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $20,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $20,000 |
| Middle income | $15,750 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,779 |
| Continuing-generation students | $13,650 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $20,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Roxborough Memorial Hospital School of Nursing.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Roxborough Memorial Hospital School of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1103 |
| Total Stafford loan amount | $15,281,738 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.