by our College Data Analytics TeamA lot of students will not be asked to pay 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 total cost of going to Falcon Institute of Health And Science can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Falcon Institute of Health And Science provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Falcon Institute of Health And Science.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Falcon Institute of Health And Science, 96% of first-year full-time students received aid of some kind some 55 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $7,189 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 79% | $7,189 |
| State/local grants | 0% | — |
| Federal student loans | 96% | $10,272 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Falcon Institute of Health And Science, around 67% of the undergraduate population received grant aid that averaged $6,340 (across roughly 266 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $6,340 |
| Federal Pell grants | 67% | $6,340 |
| Federal student loans | 82% | $10,406 |
For on-campus title-IV students, average grant aid came to $7,189.
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 | $45,181 |
| $30,001 – $75,000 | $44,094 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,869 |
| Off-campus title-IV students | $24,780 |
For an estimate tailored to your family circumstances, see Falcon Institute of Health And Science’s official net price calculator: www.falconihs.com/wp-content/themes/fihs/assets/static/netPrice.html.
The median student at Falcon Institute of Health And Science graduates with $16,670 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,670 |
| Median federal debt (graduates only) | $17,083 |
| Typical 10-year monthly payment (graduates) | $181.11/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,071 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,194 |
| Independent students | $17,083 |
These indicators are derived from the underlying debt data and summarize the overall picture at Falcon Institute of Health And Science.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Falcon Institute of Health And Science:
| Metric | Value |
|---|---|
| Stafford loan recipients | 308 |
| Total Stafford loan amount | $3,781,835 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $36,955 |
| Average GI Bill amount per recipient | $12,318 |
References
More about our data sources and methodologies.