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Galen Health Institutes-Miami Campus Paying for Your Degree

92% Freshmen Get Financial Aid
$6,020 Average Grant & Scholarship
71% Undergrads Get Grant Aid

A large number of students are not billed 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 price tag of going to Galen Health Institutes-Miami Campus can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financing options does Galen Health Institutes-Miami Campus offer, and what will you qualify for? Keep scrolling for more information. Read on to discover how much school funding could be available to you.

Why You Should Understand Galen Health Institutes-Miami Campus Financial Aid Information

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-Miami Campus.

Average Freshman Financial Aid at Galen Health Institutes-Miami Campus

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.

For incoming first-year students at Galen Health Institutes-Miami Campus, 92% of new full-time first-years were awarded at least some aid around 46 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)82%$8,360
Institutional grants & scholarships28%$5,852
Federal Pell grants66%$6,731
State/local grants6%$3,935
Federal student loans78%$9,126

Scholarship and Grant Awards at Galen Health Institutes-Miami Campus

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Galen Health Institutes-Miami Campus, roughly 71% of undergraduate students received gift aid averaging $6,020 (for some 452 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)71%$6,020
Federal Pell grants57%$5,138
Federal student loans86%$8,902

For students living on campus and receiving title-IV aid, grants averaged $7,721.

Aid by Income Level at Galen Health Institutes-Miami Campus

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$28,615
$30,001 – $75,000$30,309
Over $75,000$33,847

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

Average Net Price for Galen Health Institutes-Miami Campus

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$27,151
Off-campus title-IV students$29,154

To project your own net price, use Galen Health Institutes-Miami Campus’s net price tool: galencollege.studentaidcalculator.com/welcome.aspx.

Student Debt Levels at Galen Health Institutes-Miami Campus

The median federal debt load at Galen Health Institutes-Miami Campus comes to $16,500 in federal student 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

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

Where Student Debt Falls

A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Galen Health Institutes-Miami 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

Median Debt by Student Group at Galen Health Institutes-Miami Campus

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

First-Gen vs Continuing-Gen Median Debt

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

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at Galen Health Institutes-Miami Campus.

Federal Loan Volume at Galen Health Institutes-Miami Campus

The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Galen Health Institutes-Miami Campus:

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

Aid for Military-Affiliated Students at Galen Health Institutes-Miami Campus

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients3
Total GI Bill amount$59,546
Average GI Bill amount per recipient$19,849

Galen Health Institutes-Miami Campus Financial Aid Resources

References

More about our data sources and methodologies.

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