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 cost of going to Galen Health Institutes-Sarasota can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does Galen Health Institutes-Sarasota deliver, and just what are you going to be eligible for? Keep scrolling for answers. 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-Sarasota.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Galen Health Institutes-Sarasota, 95% of first-year full-time students received aid of some kind approximately 56 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $8,299 |
| Institutional grants & scholarships | 20% | $5,010 |
| Federal Pell grants | 69% | $6,568 |
| State/local grants | 7% | $6,065 |
| Federal student loans | 92% | $10,275 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, about 64% of undergraduate students received gift aid averaging $6,585 (across roughly 260 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $6,585 |
| Federal Pell grants | 50% | $5,471 |
| Federal student loans | 84% | $9,264 |
Title-IV recipients living on campus saw average grant aid of $6,640.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $48,390 |
| $30,001 – $75,000 | $49,211 |
| Over $75,000 | $54,064 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,476 |
| Off-campus title-IV students | $49,673 |
To project your own net price, use Galen Health Institutes-Sarasota’s online cost calculator: galencollege.studentaidcalculator.com/welcome.aspx.
The median federal debt load at Galen Health Institutes-Sarasota 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 |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Galen Health Institutes-Sarasota.
| 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 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $16,190 |
| Middle income | $17,444 |
| High income | $16,166 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,500 |
| Continuing-generation students | $16,834 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,786 |
| Independent students | $18,832 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Galen Health Institutes-Sarasota.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Galen Health Institutes-Sarasota:
| Metric | Value |
|---|---|
| Stafford loan recipients | 35398 |
| Total Stafford loan amount | $645,788,696 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $113,387 |
| Average GI Bill amount per recipient | $14,173 |
References
More about our data sources and methodologies.