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 total price of attendance at Albany BOCES - Adult Practical Nursing Program can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Albany BOCES - Adult Practical Nursing Program provide, and just what are you going to be eligible for? Read on for answers. Keep going to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Albany BOCES - Adult Practical Nursing Program.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Albany BOCES - Adult Practical Nursing Program, 90% of the incoming full-time class was awarded financial aid roughly 35 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $8,507 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 74% | $5,789 |
| State/local grants | 51% | $5,217 |
| Federal student loans | 79% | $7,022 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 80% of undergrads got grants or scholarships worth on average $9,459 (among about 167 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $9,459 |
| Federal Pell grants | 71% | $5,942 |
| Federal student loans | 78% | $8,181 |
For on-campus title-IV students, average grant aid came to $7,807.
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 | $20,106 |
| $30,001 – $75,000 | $19,164 |
| Over $75,000 | $26,970 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $23,506 |
| Off-campus title-IV students | $19,798 |
For a personalized estimate based on your family’s financial situation, use Albany BOCES - Adult Practical Nursing Program’s online cost calculator: www.capitalregionboces.org/wp-content/themes/twentyseventeen-child/CTE/calc/npcalc.htm.
A typical borrower at Albany BOCES - Adult Practical Nursing Program 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 |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Albany BOCES - Adult Practical Nursing Program.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $11,832 |
| 90th percentile (highest-debt students) | $11,832 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| 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 Albany BOCES - Adult Practical Nursing Program.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Albany BOCES - Adult Practical Nursing Program:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1841 |
| Total Stafford loan amount | $17,137,787 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $38,831 |
| Average GI Bill amount per recipient | $12,944 |
References
More about our data sources and methodologies.