by our College Data Analytics TeamA lot of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Genesis Career College-Cookeville can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Genesis Career College-Cookeville deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to discover what amount of financial assistance could be accessible 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 Genesis Career College-Cookeville.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Genesis Career College-Cookeville, 93% of the incoming full-time class was awarded financial aid roughly 152 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,064 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 83% | $5,064 |
| State/local grants | 0% | — |
| Federal student loans | 80% | $5,813 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Genesis Career College-Cookeville, around 83% of undergraduates were awarded grant or scholarship aid averaging $4,534 (across roughly 451 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $4,534 |
| Federal Pell grants | 83% | $4,534 |
| Federal student loans | 80% | $5,796 |
For students living on campus and receiving title-IV aid, grants averaged $3,467.
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 | $13,308 |
| $30,001 – $75,000 | $14,522 |
| Over $75,000 | $16,808 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,321 |
| Off-campus title-IV students | $13,597 |
For a personalized estimate based on your family’s financial situation, use Genesis Career College-Cookeville’s net price calculator: www.genesiscareer.edu/financial-aid/net-price-calculator/.
The median student at Genesis Career College-Cookeville graduates with $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $6,343 |
| Typical 10-year monthly payment (graduates) | $67.25/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Genesis Career College-Cookeville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,528 |
| 25th percentile | $4,749 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $6,307 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,400 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at Genesis Career College-Cookeville.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Genesis Career College-Cookeville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3458 |
| Total Stafford loan amount | $24,673,404 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $103,749 |
| Average GI Bill amount per recipient | $14,821 |
References
More about our data sources and methodologies.