by our College Data Analytics TeamA lot of students will not be asked to pay 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 sum total of attendance at Galen College of Nursing-Tampa Bay can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Galen College of Nursing - Tampa Bay offer you, and what will you qualify for? Read on for more information. Read on 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. Read on to get a sense of the financial assistance available at Galen College of Nursing-Tampa Bay.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Galen College of Nursing-Tampa Bay, 94% of new full-time first-years were awarded at least some aid (about 162 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $7,584 |
| Institutional grants & scholarships | 18% | $3,280 |
| Federal Pell grants | 69% | $6,027 |
| State/local grants | 14% | $3,727 |
| Federal student loans | 88% | $9,000 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Galen College of Nursing - Tampa Bay, roughly 63% of the undergraduate population received grant aid that averaged $5,921 (for some 1012 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $5,921 |
| Federal Pell grants | 49% | $4,801 |
| Federal student loans | 82% | $8,755 |
For students living on campus and receiving title-IV aid, grants averaged $6,172.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $29,620 |
| $30,001 – $75,000 | $30,393 |
| Over $75,000 | $27,919 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $28,197 |
| Off-campus title-IV students | $29,598 |
For a customized cost estimate, visit Galen College of Nursing - Tampa Bay’s online cost calculator: galencollege.studentaidcalculator.com/welcome.aspx.
A typical borrower at Galen College of Nursing - Tampa Bay leaves with $16,500 of federal student loans.
| 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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Galen College of Nursing - Tampa Bay.
| 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.
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 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,786 |
| Independent students | $18,832 |
A handful of calculated indicators summarize the debt outlook at Galen College of Nursing - Tampa Bay.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Galen College of Nursing - Tampa Bay:
| Metric | Value |
|---|---|
| Stafford loan recipients | 35398 |
| Total Stafford loan amount | $645,788,696 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 53 |
| Total GI Bill amount | $756,175 |
| Average GI Bill amount per recipient | $14,267 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.