by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
What financial aid options does Aultman College offer, and what will you qualify for? Keep scrolling for answers.
$8,077.00 is the typical Aultman College of Nursing and Health Sciences’s first year financial aid package. A significant 88% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Aultman College of Nursing and Health Sciences.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The stats below refer to aid that is provided by Aultman College of Nursing and Health Sciences.
42% of new students (10 total) were given scholarships at Aultman College of Nursing and Health Sciences, averaging $6,756.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 46% of freshmen (11 total) received a federal grant, for about $4,688.00 a person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 29.17% | $8,090.00 |
| Income 30k-48k | 16.67% | $4,649.00 |
| Income 48k-75k | 4.17% | $14,280.00 |
| Income 75k-110k | 4.17% | $1,417.00 |
| Income 110k + | 4.17% | $1,372.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 24 undergraduate students at Aultman College of Nursing and Health Sciences around 88% (18 total) receive some form of grant aid. The typical amount awarded was $8,077.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.