by our College Data Analytics TeamThe majority of 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 sum total of attendance at The Chicago School-College of Nursing can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Dallas Nursing Institute provide, and just what are you going to be eligible for? Read on for answers. Keep going to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from The Chicago School-College of Nursing.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Dallas Nursing Institute, approximately 52% of undergraduates were awarded grant or scholarship aid averaging $5,187 (covering around 15 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $5,187 |
| Federal Pell grants | 45% | $4,858 |
| Federal student loans | 52% | $5,195 |
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $26,112 |
| $30,001 – $75,000 | $26,806 |
| Over $75,000 | $26,792 |
Remember these are net prices — what families pay after gift aid, not before.
The median federal debt load at Dallas Nursing Institute comes to $10,250 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,250 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Dallas Nursing Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,166 |
| 25th percentile | $1,949 |
| 75th percentile | $7,593 |
| 90th percentile (highest-debt students) | $24,136 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $10,500 |
| High income | $11,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,500 |
| Independent students | $10,938 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Dallas Nursing Institute.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Dallas Nursing Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 25080 |
| Total Stafford loan amount | $1,469,420,063 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.