by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Galen Health Institutes-Pikeville can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Galen Health Institutes-Pikeville offer, and what will you qualify for? Keep scrolling for more information. Keep going to find out how much school funding will be available to you.
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 Health Institutes-Pikeville.
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.
Among first-time, full-time freshmen at Galen Health Institutes-Pikeville, 94% of first-year full-time students received aid of some kind approximately 73 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $6,389 |
| Institutional grants & scholarships | 36% | $1,758 |
| Federal Pell grants | 73% | $5,980 |
| State/local grants | 22% | $2,685 |
| Federal student loans | 85% | $8,123 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 91% of the undergraduate population received grant aid that averaged $7,650 (for some 111 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $7,650 |
| Federal Pell grants | 75% | $5,887 |
| Federal student loans | 88% | $9,034 |
Title-IV recipients living on campus saw average grant aid of $6,081.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $33,647 |
| Over $75,000 | $39,941 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,475 |
| Off-campus title-IV students | $34,827 |
To get a personalized net price estimate, try Galen Health Institutes-Pikeville’s online cost calculator: galencollege.studentaidcalculator.com/welcome.aspx.
The median student at Galen Health Institutes-Pikeville graduates with $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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Galen Health Institutes-Pikeville.
| 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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,190 |
| Middle income | $17,444 |
| High income | $16,166 |
First-Gen vs Continuing-Gen Median Debt
| 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-Pikeville.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Galen Health Institutes-Pikeville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 35398 |
| Total Stafford loan amount | $645,788,696 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $34,946 |
| Average GI Bill amount per recipient | $17,473 |
References
More about our data sources and methodologies.