by our College Data Analytics TeamThe majority of 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 price tag of going to Transitions Career Institute School of Nursing can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will Transitions Career Institute School of Nursing provide, 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.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Transitions Career Institute School of Nursing.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Transitions Career Institute School of Nursing, 24% of first-time, full-time freshmen received some form of financial aid approximately 12 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 18% | $1,609 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 18% | $1,609 |
| State/local grants | 0% | — |
| Federal student loans | 24% | $2,516 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Transitions Career Institute School of Nursing, about 29% of the undergraduate population received grant aid that averaged $1,410 (covering around 69 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 29% | $1,410 |
| Federal Pell grants | 29% | $1,410 |
| Federal student loans | 29% | $1,835 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $1,207.
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 | $37,339 |
| $30,001 – $75,000 | $37,864 |
| Over $75,000 | $39,876 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $41,569 |
| Off-campus title-IV students | $37,725 |
To get a personalized net price estimate, try Transitions Career Institute School of Nursing’s official net price calculator: www.tcilpn.com/net-price-calculator/.
A typical borrower at Transitions Career Institute School of Nursing leaves with $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,366 |
| Typical 10-year monthly payment (graduates) | $120.5/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,389 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Transitions Career Institute School of Nursing.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Transitions Career Institute School of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 193 |
| Total Stafford loan amount | $1,595,808 |
References
More about our data sources and methodologies.