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 CAAN Academy of Nursing can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can CAAN Academy of Nursing provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at CAAN Academy of Nursing.
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. However, some types of aid are more desirable than others, and some students will receive more than others.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at CAAN Academy of Nursing, around 72% of undergraduates were awarded an average grant or scholarship of $4,569 (across roughly 101 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $4,569 |
| Federal Pell grants | 66% | $2,515 |
| Federal student loans | 51% | $7,817 |
A typical borrower at CAAN Academy of Nursing leaves with $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $12,766 |
| Typical 10-year monthly payment (graduates) | $135.34/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The Department of Education computes summary indicators that describe debt outcomes at a glance. CAAN Academy of Nursing.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at CAAN Academy of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 226 |
| Total Stafford loan amount | $1,876,390 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.