by our College Data Analytics TeamA large number of students are not billed 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 Healthcare Training Institute can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financing solutions does Healthcare Training Institute provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Healthcare Training Institute.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Healthcare Training Institute, 100% of the incoming full-time class was awarded financial aid around 14 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $3,625 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $3,625 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $4,946 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Healthcare Training Institute, some 90% of the undergraduate population received grant aid that averaged $5,725 (across roughly 150 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $5,725 |
| Federal Pell grants | 87% | $5,598 |
| Federal student loans | 90% | $7,910 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,625.
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 | $22,975 |
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 | $24,811 |
| Off-campus title-IV students | $22,975 |
To project your own net price, use Healthcare Training Institute’s official net price calculator: healthcaretraininginstitutenola.net/NetPriceCalculator/index.html.
The median federal debt load at Healthcare Training Institute comes to $19,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Healthcare Training Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
The figure below distills the debt data into a single burden category for Healthcare Training Institute.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Healthcare Training Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 448 |
| Total Stafford loan amount | $5,444,312 |
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 | 2 |
| Total GI Bill amount | $14,560 |
| Average GI Bill amount per recipient | $7,280 |
References
More about our data sources and methodologies.