by our College Data Analytics TeamMost students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Bancroft School of Massage Therapy can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will Bancroft School of Massage Therapy offer, and what will you qualify for? Read on for more information. Scroll down to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Bancroft School of Massage Therapy.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, about 33% of undergrads got grants or scholarships worth on average $4,382 (covering around 22 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $4,382 |
| Federal Pell grants | 29% | $3,064 |
| Federal student loans | 42% | $4,160 |
The middle student in the debt distribution at Bancroft School of Massage Therapy owes $7,600 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,600 |
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Bancroft School of Massage Therapy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,400 |
| 75th percentile | $7,600 |
The figure below distills the debt data into a single burden category for Bancroft School of Massage Therapy.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Bancroft School of Massage Therapy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 372 |
| Total Stafford loan amount | $2,260,645 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $22,174 |
| Average GI Bill amount per recipient | $7,391 |
References
More about our data sources and methodologies.