by our College Data Analytics TeamA large number of students will never be charged 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 total cost of going to Cincinnati College of Mortuary Science can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Cincinnati College of Mortuary Science offer you, and what will you qualify for? Keep reading for more information. Scroll down to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Cincinnati College of Mortuary Science.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Cincinnati College of Mortuary Science, about 39% of the undergraduate population received grant aid that averaged $6,463 (for some 40 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $6,463 |
| Federal Pell grants | 26% | $5,328 |
| Federal student loans | 66% | $8,799 |
The median student at Cincinnati College of Mortuary Science graduates with $15,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $15,000 |
| Typical 10-year monthly payment (graduates) | $159.02/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Cincinnati College of Mortuary Science.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $7,000 |
| 25th percentile | $12,500 |
| 75th percentile | $24,596 |
| 90th percentile (highest-debt students) | $25,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $21,407 |
| Middle income | $14,744 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,788 |
| Independent students | $22,828 |
These indicators are derived from the underlying debt data and summarize the overall picture at Cincinnati College of Mortuary Science.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Cincinnati College of Mortuary Science:
| Metric | Value |
|---|---|
| Stafford loan recipients | 936 |
| Total Stafford loan amount | $14,286,979 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $24,310 |
| Average GI Bill amount per recipient | $12,155 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,750 |
| Average DoD amount per recipient | $3,750 |
References
More about our data sources and methodologies.