by our College Data Analytics TeamMost students will never be charged 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 Capital Area School of Practical Nursing can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does CASPN deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Capital Area School of Practical Nursing.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Capital Area School of Practical Nursing, 20% of entering full-time freshmen got some type of financial assistance some 2 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 10% | $7,395 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 10% | $7,395 |
| State/local grants | 0% | — |
| Federal student loans | 10% | $5,444 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At CASPN, about 85% of undergraduate students received gift aid averaging $14,484 (across roughly 98 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $14,484 |
| Federal Pell grants | 61% | $6,247 |
| Federal student loans | 61% | $7,758 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,698.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,797 |
For a customized cost estimate, visit CASPN’s NPC: caspn.edu/consumer-information.
The middle student in the debt distribution at CASPN owes $9,500 of cumulative federal debt.
| 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 |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at CASPN.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,790 |
| 25th percentile | $7,075 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
First-Gen vs Continuing-Gen Median Debt
| 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 |
The figure below distills the debt data into a single burden category for CASPN.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at CASPN:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1726 |
| Total Stafford loan amount | $13,921,587 |
References
More about our data sources and methodologies.