by our College Data Analytics TeamA lot of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Estelle Medical Academy can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Estelle Medical Academy deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading 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. The information provided on this page can help you determine how much aid you may receive from Estelle Medical Academy.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Estelle Medical Academy, 71% of first-year full-time students received aid of some kind approximately 41 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $3,772 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 71% | $3,772 |
| State/local grants | 0% | — |
| Federal student loans | 36% | $5,013 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Estelle Medical Academy, approximately 63% of undergrads got grants or scholarships worth on average $3,772 (for some 41 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $3,772 |
| Federal Pell grants | 63% | $3,772 |
| Federal student loans | 32% | $5,013 |
On-campus students receiving title-IV aid were awarded grants averaging $3,772.
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 | $9,765 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,628 |
| Off-campus title-IV students | $9,765 |
For a customized cost estimate, visit Estelle Medical Academy’s net price tool: www.school-for-massage.com/calculator/.
The middle student in the debt distribution at Estelle Medical Academy owes $5,657 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,657 |
| Median federal debt (graduates only) | $5,657 |
| Typical 10-year monthly payment (graduates) | $59.97/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown 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 Estelle Medical Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,728 |
| 25th percentile | $4,787 |
| 75th percentile | $5,759 |
| 90th percentile (highest-debt students) | $6,439 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,272 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,657 |
| Continuing-generation students | $5,473 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,728 |
| Independent students | $5,657 |
These indicators are derived from the underlying debt data and summarize the overall picture at Estelle Medical Academy.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Estelle Medical Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1129 |
| Total Stafford loan amount | $5,345,908 |
References
More about our data sources and methodologies.