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Holy Name Medical Center School of Nursing Financial Aid and Scholarship Details

0% Freshmen Get Financial Aid
$2,118 Average Grant & Scholarship
31% Undergrads Get Grant Aid

A large number of 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 Holy Name Medical Center School of Nursing can seem overpowering, but remember that the majority of students are given some form of financial assistance.

Just what financial aid solutions can Holy Name Medical Center School of Nursing deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover what amount of financial assistance could be accessible to you.

Importance of Holy Name Medical Center School of Nursing Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Holy Name Medical Center School of Nursing.

Typical First Year Financial Aid at Holy Name Medical Center School of Nursing

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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At Holy Name Medical Center School of Nursing, 0% of the incoming full-time class was awarded financial aid roughly 0 new students).

Grant Aid for Undergraduates at Holy Name Medical Center School of Nursing

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 31% of undergraduates were awarded an average grant or scholarship of $2,118 (covering around 58 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)31%$2,118
Federal Pell grants31%$2,118
Federal student loans68%$4,771

Income-Adjusted Net Price at Holy Name Medical Center School of Nursing

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$21,187

Remember these are net prices — what families pay after gift aid, not before.

What Students Owe at Holy Name Medical Center School of Nursing

The middle student in the debt distribution at Holy Name Medical Center School of Nursing owes $14,750 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$14,750
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.

How Debt Is Distributed Across Students

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 Holy Name Medical Center School of Nursing.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,750
25th percentile$7,000
75th percentile$20,000
90th percentile (highest-debt students)$20,000

Debt Outcomes by Student Group at Holy Name Medical Center School of Nursing

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$19,949
Middle income$12,000
High income$12,000

By First-Generation Status

CohortMedian federal debt
First-generation students$14,750
Continuing-generation students$15,135

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$11,500
Independent students$20,000

Is the Debt Manageable?

Federal data publishes pre-calculated indicators that summarize debt outcomes. Holy Name Medical Center School of Nursing.

Federal Loan Volume at Holy Name Medical Center School of Nursing

The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Holy Name Medical Center School of Nursing:

MetricValue
Stafford loan recipients829
Total Stafford loan amount$11,098,386

Aid for Military-Affiliated Students at Holy Name Medical Center School of Nursing

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients1
Total GI Bill amount$32
Average GI Bill amount per recipient$32

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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