by our College Data Analytics TeamA large number of students will never be charged 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 Florida Career College-Houston can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Florida Career College - Houston Campus provide, and just what are you going to be eligible for? Keep reading for answers. Read on to discover just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Florida Career College-Houston.
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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
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 | $33,841 |
| $30,001 – $75,000 | $33,145 |
| Over $75,000 | $38,831 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
A typical borrower at Florida Career College - Houston Campus leaves with $9,365 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,365 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Florida Career College - Houston Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,589 |
| 25th percentile | $4,572 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,824 |
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 | $9,365 |
| Middle income | $9,365 |
| High income | $9,155 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,365 |
| Continuing-generation students | $9,365 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Florida Career College - Houston Campus.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Florida Career College - Houston Campus:
| Metric | Value |
|---|---|
| Stafford loan recipients | 73217 |
| Total Stafford loan amount | $790,558,737 |
References
More about our data sources and methodologies.