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Galen Health Institutes-Gainesville Paying for Your Degree

96% Freshmen Get Financial Aid
$5,748 Average Grant & Scholarship
80% Undergrads Get Grant Aid

The majority of students will never be charged 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 total cost of going to Galen Health Institutes-Gainesville can seem overwhelming, but bear in mind that many students are given some form of financial aid.

What financing options does Galen Health Institutes-Gainesville offer you, and what will you qualify for? Keep scrolling for more information. Keep going to find out what amount of financial assistance will be accessible to you.

Why You Should Understand Galen Health Institutes-Gainesville Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Galen Health Institutes-Gainesville.

What First Years Receive at Galen Health Institutes-Gainesville

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.

Looking at the entering class at Galen Health Institutes-Gainesville, 96% of first-year full-time students received aid of some kind roughly 143 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)88%$6,568
Institutional grants & scholarships18%$2,220
Federal Pell grants83%$6,124
State/local grants10%$2,212
Federal student loans92%$8,157

Undergraduate Grant Aid at Galen Health Institutes-Gainesville

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Galen Health Institutes-Gainesville, approximately 80% of undergraduates were awarded grant or scholarship aid averaging $5,748 (among about 509 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)80%$5,748
Federal Pell grants66%$5,190
Federal student loans90%$8,613

On-campus students receiving title-IV aid were awarded grants averaging $6,017.

Income-Adjusted Net Price at Galen Health Institutes-Gainesville

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$48,378
$30,001 – $75,000$48,433
Over $75,000$54,524

Remember these are net prices — what families pay after gift aid, not before.

What a Degree Really Costs at Galen Health Institutes-Gainesville

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$29,559
Off-campus title-IV students$48,507

To project your own net price, use Galen Health Institutes-Gainesville’s online cost calculator: galencollege.studentaidcalculator.com/welcome.aspx.

What Students Owe at Galen Health Institutes-Gainesville

The middle student in the debt distribution at Galen Health Institutes-Gainesville owes $16,500 of cumulative federal debt.

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

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

How Debt Is Distributed Across Students

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Galen Health Institutes-Gainesville.

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

How Debt Outcomes Vary by Student Group at Galen Health Institutes-Gainesville

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

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

By First-Generation Status

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

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Galen Health Institutes-Gainesville.

Federal Loan Volume at Galen Health Institutes-Gainesville

Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Galen Health Institutes-Gainesville:

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

GI Bill and DoD Benefits at Galen Health Institutes-Gainesville

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients3
Total GI Bill amount$28,176
Average GI Bill amount per recipient$9,392

More Financial Aid Resources from Galen Health Institutes-Gainesville

References

More about our data sources and methodologies.

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