Many students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to United Education Institute-Ontario can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will United Education Institute-Ontario deliver, and just what are you going to be eligible for? Read on for answers. Keep going to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from United Education Institute-Ontario.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
At United Education Institute-Ontario, 98% of the incoming full-time class was awarded financial aid roughly 589 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $5,393 |
| Institutional grants & scholarships | 20% | $773 |
| Federal Pell grants | 89% | $5,234 |
| State/local grants | 0% | $2,074 |
| Federal student loans | 96% | $8,514 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at United Education Institute-Ontario, some 89% of undergraduates were awarded an average grant or scholarship of $4,397 (covering around 1460 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $4,397 |
| Federal Pell grants | 71% | $4,746 |
| Federal student loans | 75% | $7,659 |
For students living on campus and receiving title-IV aid, grants averaged $5,120.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,705 |
| $30,001 – $75,000 | $24,953 |
| Over $75,000 | $30,087 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $26,394 |
| Off-campus title-IV students | $25,076 |
For a customized cost estimate, visit United Education Institute-Ontario’s online cost calculator: enroll.uei.edu/Npc.
A typical borrower at United Education Institute-Ontario leaves with $9,500 of federal borrowing.
| 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at United Education Institute-Ontario.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,480 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
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 | $9,500 |
| Middle income | $8,757 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at United Education Institute-Ontario.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at United Education Institute-Ontario:
| Metric | Value |
|---|---|
| Stafford loan recipients | 92901 |
| Total Stafford loan amount | $796,390,046 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 38 |
| Total GI Bill amount | $500,323 |
| Average GI Bill amount per recipient | $13,166 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.