A large number of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at DLP Conemaugh Memorial Medical Center can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financing solutions does Memorial Medical Center provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from DLP Conemaugh Memorial Medical Center.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at DLP Conemaugh Memorial Medical Center, 75% of new full-time first-years were awarded at least some aid approximately 18 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $5,106 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 42% | $3,258 |
| State/local grants | 46% | $2,815 |
| Federal student loans | 58% | $5,266 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, some 73% of undergraduates were awarded an average grant or scholarship of $6,093 (for some 109 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $6,093 |
| Federal Pell grants | 29% | $5,758 |
| Federal student loans | 47% | $6,606 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,993.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,685 |
| $30,001 – $75,000 | $19,878 |
| Over $75,000 | $25,157 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,089 |
| Off-campus title-IV students | $21,861 |
To get a personalized net price estimate, try Memorial Medical Center’s net price calculator: chsfinaidnpc.conemaugh.org/.
A typical borrower at Memorial Medical Center leaves with $12,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/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. Use the percentiles below to see the debt range at Memorial Medical Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $10,500 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $20,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $19,999 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Memorial Medical Center.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Memorial Medical Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1108 |
| Total Stafford loan amount | $12,079,620 |
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 | 1 |
| Total GI Bill amount | $14,638 |
| Average GI Bill amount per recipient | $14,638 |
References
More about our data sources and methodologies.