by our College Data Analytics TeamA large number of students are not billed 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 price tag of going to Denver College of Nursing can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can Denver College of Nursing offer, and what will you qualify for? Keep reading for more information. Keep reading to see 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. The figures below will help you estimate the aid you might receive from Denver College of Nursing.
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.
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Denver College of Nursing, about 43% of undergrads got grants or scholarships worth on average $4,840 (across roughly 439 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $4,840 |
| Federal Pell grants | 27% | $5,263 |
| Federal student loans | 62% | $9,182 |
The median federal debt load at Denver College of Nursing comes to $21,110 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,110 |
| Median federal debt (graduates only) | $26,500 |
| Typical 10-year monthly payment (graduates) | $280.94/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Denver College of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $6,165 |
| 25th percentile | $15,140 |
| 75th percentile | $29,513 |
| 90th percentile (highest-debt students) | $29,513 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $27,122 |
| Middle income | $19,513 |
| High income | $18,013 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,681 |
| Continuing-generation students | $24,513 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,708 |
| Independent students | $26,566 |
These indicators are derived from the underlying debt data and summarize the overall picture at Denver College of Nursing.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Denver College of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3741 |
| Total Stafford loan amount | $69,571,725 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 44 |
| Total GI Bill amount | $568,332 |
| Average GI Bill amount per recipient | $12,917 |
References
More about our data sources and methodologies.