by our College Data Analytics TeamMost 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 sum total of attendance at Galen College of Nursing-Cincinnati can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can Galen College of Nursing - Cincinnati deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Galen College of Nursing-Cincinnati.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Galen College of Nursing-Cincinnati, 96% of entering full-time freshmen got some type of financial assistance (about 76 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $7,802 |
| Institutional grants & scholarships | 1% | $299 |
| Federal Pell grants | 75% | $6,129 |
| State/local grants | 14% | $2,244 |
| Federal student loans | 92% | $10,656 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Galen College of Nursing - Cincinnati, roughly 61% of undergraduates were awarded grant or scholarship aid averaging $6,139 (for some 406 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $6,139 |
| Federal Pell grants | 58% | $4,968 |
| Federal student loans | 86% | $9,004 |
Title-IV recipients living on campus saw average grant aid of $6,057.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $28,877 |
| $30,001 – $75,000 | $28,770 |
| Over $75,000 | $30,281 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $28,785 |
| Off-campus title-IV students | $29,150 |
For an estimate tailored to your family circumstances, see Galen College of Nursing - Cincinnati’s NPC: galencollege.studentaidcalculator.com/welcome.aspx.
A typical borrower at Galen College of Nursing - Cincinnati leaves with $16,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,500 |
| Median federal debt (graduates only) | $24,166 |
| Typical 10-year monthly payment (graduates) | $256.2/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Galen College of Nursing - Cincinnati.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,334 |
| 75th percentile | $24,166 |
| 90th percentile (highest-debt students) | $33,943 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,190 |
| Middle income | $17,444 |
| High income | $16,166 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,500 |
| Continuing-generation students | $16,834 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,786 |
| Independent students | $18,832 |
A handful of calculated indicators summarize the debt outlook at Galen College of Nursing - Cincinnati.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Galen College of Nursing - Cincinnati:
| Metric | Value |
|---|---|
| Stafford loan recipients | 35398 |
| Total Stafford loan amount | $645,788,696 |
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 | 21 |
| Total GI Bill amount | $334,502 |
| Average GI Bill amount per recipient | $15,929 |
References
More about our data sources and methodologies.