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Galen Health Institutes-Austin Campus Paying for Your Degree

95% Freshmen Get Financial Aid
$6,620 Average Grant & Scholarship
66% Undergrads Get Grant Aid

Most 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 price of attendance at Galen Health Institutes-Austin Campus can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financial assistance options will Galen Health Institutes-Austin Campus offer you, and what will you qualify for? Read on for more information. Read on to learn just how much financial aid will be open to you.

Understanding Galen Health Institutes-Austin Campus Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Galen Health Institutes-Austin Campus.

Freshman Financial Aid at Galen Health Institutes-Austin Campus

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.

Among first-time, full-time freshmen at Galen Health Institutes-Austin Campus, 95% of entering full-time freshmen got some type of financial assistance roughly 161 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)68%$6,526
Institutional grants & scholarships11%$5,914
Federal Pell grants61%$5,307
State/local grants5%$5,481
Federal student loans91%$7,051

Free Money: Grants and Scholarships at Galen Health Institutes-Austin Campus

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Galen Health Institutes-Austin Campus, some 66% of undergraduates were awarded an average grant or scholarship of $6,620 (covering around 603 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)66%$6,620
Federal Pell grants51%$5,006
Federal student loans81%$9,204

For students living on campus and receiving title-IV aid, grants averaged $4,685.

Income-Adjusted Net Price at Galen Health Institutes-Austin Campus

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$26,195
$30,001 – $75,000$27,001
Over $75,000$29,425

Each amount is the average cost remaining once grant aid is subtracted, by income band.

The Real Cost of Attending Galen Health Institutes-Austin Campus

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$30,187
Off-campus title-IV students$26,825

For a personalized estimate based on your family’s financial situation, use Galen Health Institutes-Austin Campus’s net price tool: galencollege.studentaidcalculator.com/welcome.aspx.

Median Student Debt for Graduates of Galen Health Institutes-Austin Campus

Graduating students at Galen Health Institutes-Austin Campus carry a median federal student debt of $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

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Where Student Debt Falls

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Galen Health Institutes-Austin Campus.

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 Health Institutes-Austin Campus

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

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

First-Gen vs Continuing-Gen Median Debt

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

Dependent vs Independent Students

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

Calculated Debt-Outcome Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Galen Health Institutes-Austin Campus.

Student Loans at Galen Health Institutes-Austin Campus

The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Galen Health Institutes-Austin Campus:

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

Military and Veterans Aid at Galen Health Institutes-Austin Campus

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients52
Total GI Bill amount$679,242
Average GI Bill amount per recipient$13,062

Galen Health Institutes-Austin Campus Financial Aid Resources

References

More about our data sources and methodologies.

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