by our College Data Analytics TeamA large number of students will never be charged 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 price tag of going to Finger Lakes Health College of Nursing & Health Sciences can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Finger Lakes Health College of Nursing provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Finger Lakes Health College of Nursing & Health Sciences.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Finger Lakes Health College of Nursing, roughly 75% of the undergraduate population received grant aid that averaged $4,315 (among about 49 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $4,315 |
| Federal Pell grants | 66% | $3,482 |
| Federal student loans | 100% | $7,630 |
The median federal debt load at Finger Lakes Health College of Nursing comes to $8,250 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,250 |
| Median federal debt (graduates only) | $12,975 |
| Typical 10-year monthly payment (graduates) | $137.56/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Finger Lakes Health College of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,609 |
| 25th percentile | $4,028 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $19,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,000 |
| Middle income | $8,047 |
| High income | $6,277 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,250 |
| Continuing-generation students | $7,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,651 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Finger Lakes Health College of Nursing.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Finger Lakes Health College of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18885 |
| Total Stafford loan amount | $206,151,854 |
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 | 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.