by our College Data Analytics TeamA large number of students will never be charged 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 sum total of attendance at Galen Health Institutes-Salt Lake City can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Galen Health Institutes-Salt Lake City provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Galen Health Institutes-Salt Lake City.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Galen Health Institutes-Salt Lake City, 100% of first-time, full-time freshmen received some form of financial aid (about 14 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $9,098 |
| Institutional grants & scholarships | 93% | $5,595 |
| Federal Pell grants | 79% | $4,823 |
| State/local grants | 0% | — |
| Federal student loans | 71% | $7,201 |
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-Salt Lake City, around 98% of the undergraduate population received grant aid that averaged $7,456 (across approximately 62 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $7,456 |
| Federal Pell grants | 54% | $3,758 |
| Federal student loans | 89% | $6,846 |
On-campus students receiving title-IV aid were awarded grants averaging $9,645.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,324 |
To project your own net price, use Galen Health Institutes-Salt Lake City’s NPC: galencollege.studentaidcalculator.com/welcome.aspx.
The median federal debt load at Galen Health Institutes-Salt Lake City comes to $16,500 in federal student 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Galen Health Institutes-Salt Lake City.
| 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 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| 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 |
These indicators are derived from the underlying debt data and summarize the overall picture at Galen Health Institutes-Salt Lake City.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Galen Health Institutes-Salt Lake City:
| Metric | Value |
|---|---|
| Stafford loan recipients | 35398 |
| Total Stafford loan amount | $645,788,696 |
References
More about our data sources and methodologies.