by our College Data Analytics TeamMany 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 Pomeroy College of Nursing at Crouse Hospital can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Pomeroy College of Nursing provide, and just what are you going to be eligible for? Read on for answers. Keep reading to learn how much school funding will be available 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 Pomeroy College of Nursing at Crouse Hospital.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. 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. Here, approximately 55% of the undergraduate population received grant aid that averaged $6,600 (across approximately 98 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $6,600 |
| Federal Pell grants | 34% | $4,385 |
| Federal student loans | 58% | $7,089 |
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| Over $75,000 | $22,322 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The middle student in the debt distribution at Pomeroy College of Nursing owes $12,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $15,250 |
| Typical 10-year monthly payment (graduates) | $161.68/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 four reference points below map the debt distribution at Pomeroy College of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,750 |
| 75th percentile | $19,500 |
| 90th percentile (highest-debt students) | $20,762 |
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 | $14,750 |
| Middle income | $11,543 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $14,927 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,711 |
| Independent students | $16,082 |
These indicators are derived from the underlying debt data and summarize the overall picture at Pomeroy College of Nursing.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Pomeroy College of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1639 |
| Total Stafford loan amount | $20,462,467 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $49,452 |
| Average GI Bill amount per recipient | $9,890 |
References
More about our data sources and methodologies.