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Galen College of Nursing-Louisville Financial Aid & Debt Outcomes

93% Freshmen Get Financial Aid
$7,104 Average Grant & Scholarship
87% Undergrads Get Grant Aid

The majority 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 Galen College of Nursing-Louisville can seem overpowering, but remember that the majority of students are given some form of financial assistance.

Just what financing solutions does Galen College of Nursing - Louisville deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover what amount of financial assistance could be accessible to you.

Why You Should Understand Galen College of Nursing - Louisville Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Galen College of Nursing-Louisville.

Typical First Year Financial Aid at Galen College of Nursing-Louisville

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.

At Galen College of Nursing-Louisville, 93% of the incoming full-time class was awarded financial aid around 599 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$9,037
Institutional grants & scholarships17%$7,302
Federal Pell grants68%$5,005
State/local grants47%$5,423
Federal student loans78%$6,663

Scholarships and Grants at Galen College of Nursing-Louisville

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Galen College of Nursing - Louisville, approximately 87% of undergraduate students received gift aid averaging $7,104 (covering around 5352 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)87%$7,104
Federal Pell grants25%$4,659
Federal student loans35%$8,142

Title-IV recipients living on campus saw average grant aid of $8,329.

Net Price at Galen College of Nursing-Louisville

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$18,540

To project your own net price, use Galen College of Nursing - Louisville’s official net price calculator: galencollege.studentaidcalculator.com/welcome.aspx.

How Much Students Borrow at Galen College of Nursing-Louisville

The median student at Galen College of Nursing - Louisville graduates with $16,500 of federal borrowing.

MetricAmount
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

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Where Student Debt Falls

The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Galen College of Nursing - Louisville.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,167
25th percentile$6,334
75th percentile$24,166
90th percentile (highest-debt students)$33,943

Student Debt by Cohort at Galen College of Nursing-Louisville

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$16,190
Middle income$17,444
High income$16,166

First-Generation Comparison

CohortMedian federal debt
First-generation students$16,500
Continuing-generation students$16,834

By Dependency Status

CohortMedian federal debt
Dependent students$12,786
Independent students$18,832

At-a-Glance Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Galen College of Nursing - Louisville.

Federal Stafford Lending at Galen College of Nursing-Louisville

Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Galen College of Nursing - Louisville:

MetricValue
Stafford loan recipients35398
Total Stafford loan amount$645,788,696

GI Bill and DoD Benefits at Galen College of Nursing-Louisville

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 activity

MetricValue
GI Bill recipients94
Total GI Bill amount$1,010,623
Average GI Bill amount per recipient$10,751

References

More about our data sources and methodologies.

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