by our College Data Analytics TeamMost students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Cochran School of Nursing can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will Cochran School of Nursing deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to discover what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Cochran School 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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Cochran School of Nursing, approximately 55% of the undergraduate population received grant aid that averaged $2,625 (across approximately 63 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $2,625 |
| Federal Pell grants | 45% | $2,053 |
| Federal student loans | 77% | $4,539 |
The median federal debt load at Cochran School of Nursing comes to $17,796 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,796 |
| Median federal debt (graduates only) | $19,625 |
| Typical 10-year monthly payment (graduates) | $208.06/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Cochran School of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $8,997 |
| 75th percentile | $20,095 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Middle income | $17,495 |
These indicators are derived from the underlying debt data and summarize the overall picture at Cochran School of Nursing.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Cochran School of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 960 |
| Total Stafford loan amount | $15,354,305 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.