The majority of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to All-State Career School can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will All-State Career School - Lester provide, and just what are you going to be eligible for? Read on for answers. Read on to find out 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. The information provided on this page can help you determine how much aid you may receive from All-State Career School.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at All-State Career School, 90% of entering full-time freshmen got some type of financial assistance some 560 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $6,338 |
| Institutional grants & scholarships | 35% | $290 |
| Federal Pell grants | 84% | $4,849 |
| State/local grants | 24% | $4,649 |
| Federal student loans | 83% | $6,577 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At All-State Career School - Lester, about 74% of the undergraduate population received grant aid that averaged $6,028 (for some 1120 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $6,028 |
| Federal Pell grants | 73% | $4,786 |
| Federal student loans | 68% | $6,560 |
Title-IV recipients living on campus saw average grant aid of $5,718.
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 | $19,491 |
| $30,001 – $75,000 | $19,770 |
| Over $75,000 | $23,383 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $18,205 |
| Off-campus title-IV students | $19,820 |
For an estimate tailored to your family circumstances, see All-State Career School - Lester’s online cost calculator: www.allstatecareer.edu/content/dam/all-state/compliance/netpricecalc/npcalc-all_state_career_essington.htm.
The middle student in the debt distribution at All-State Career School - Lester owes $6,333 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at All-State Career School - Lester.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,613 |
| 75th percentile | $9,391 |
| 90th percentile (highest-debt students) | $13,000 |
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 | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,334 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,333 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at All-State Career School - Lester.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at All-State Career School - Lester:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11148 |
| Total Stafford loan amount | $87,355,427 |
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 | 11 |
| Total GI Bill amount | $93,763 |
| Average GI Bill amount per recipient | $8,524 |
References
More about our data sources and methodologies.