by our College Data Analytics TeamMost students are not billed 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 total price of attendance at Galen Health Institutes-Asheville can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Galen Health Institutes-Asheville offer you, and what will you qualify for? Read on for more information. Read on to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Galen Health Institutes-Asheville.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. 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 Galen Health Institutes-Asheville, 100% of new full-time first-years were awarded at least some aid roughly 15 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $9,459 |
| Institutional grants & scholarships | 67% | $6,846 |
| Federal Pell grants | 47% | $4,971 |
| State/local grants | 0% | — |
| Federal student loans | 87% | $8,361 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Galen Health Institutes-Asheville, about 75% of undergraduate students received gift aid averaging $6,589 (for some 137 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $6,589 |
| Federal Pell grants | 52% | $4,890 |
| Federal student loans | 82% | $8,719 |
Title-IV recipients living on campus saw average grant aid of $7,388.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $76,720 |
| $30,001 – $75,000 | $74,499 |
| Over $75,000 | $79,482 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $28,602 |
| Off-campus title-IV students | $77,180 |
For an estimate tailored to your family circumstances, see Galen Health Institutes-Asheville’s net price calculator: galencollege.studentaidcalculator.com/welcome.aspx.
The median federal debt load at Galen Health Institutes-Asheville comes to $16,500 of cumulative federal 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Galen Health Institutes-Asheville.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $16,190 |
| Middle income | $17,444 |
| High income | $16,166 |
By First-Generation Status
| 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 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Galen Health Institutes-Asheville.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Galen Health Institutes-Asheville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 35398 |
| Total Stafford loan amount | $645,788,696 |
References
More about our data sources and methodologies.