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Galen Health Institutes-Roanoke Financial Aid Details

100% Freshmen Get Financial Aid
$6,439 Average Grant & Scholarship
78% Undergrads Get Grant Aid

A lot of 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 price tag of going to Galen Health Institutes-Roanoke can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

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

Why You Should Understand Galen Health Institutes-Roanoke Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Galen Health Institutes-Roanoke.

What First Years Receive at Galen Health Institutes-Roanoke

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

For incoming first-year students at Galen Health Institutes-Roanoke, 100% of first-time, full-time freshmen received some form of financial aid approximately 30 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)97%$6,413
Institutional grants & scholarships37%$2,114
Federal Pell grants90%$5,938
State/local grants0%
Federal student loans90%$9,073

Grant Aid for Undergraduates at Galen Health Institutes-Roanoke

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Galen Health Institutes-Roanoke, around 78% of undergraduate students received gift aid averaging $6,439 (for some 135 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$6,439
Federal Pell grants64%$5,589
Federal student loans87%$9,187

Title-IV recipients living on campus saw average grant aid of $6,384.

What Students Actually Pay at Galen Health Institutes-Roanoke

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$26,945

For an estimate tailored to your family circumstances, see Galen Health Institutes-Roanoke’s official net price calculator: galencollege.studentaidcalculator.com/welcome.aspx.

What Students Owe at Galen Health Institutes-Roanoke

Graduating students at Galen Health Institutes-Roanoke 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

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

The Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Galen Health Institutes-Roanoke.

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

Debt by Student Cohort at Galen Health Institutes-Roanoke

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

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

First-Generation Comparison

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

Dependency-Status Comparison

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

At-a-Glance Debt Indicators

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

Federal Loan Volume at Galen Health Institutes-Roanoke

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

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

References

More about our data sources and methodologies.

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