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Hondros College of Nursing Financial Aid Details

96% Freshmen Get Financial Aid
$5,723 Average Grant & Scholarship
76% Undergrads Get Grant Aid

Most 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 price tag of going to Hondros College of Nursing can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

What financing options does Hondros College of Nursing offer, and what will you qualify for? Keep scrolling for more information. Keep going to see how much school funding could be available to you.

Importance of Hondros College of Nursing Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Hondros College of Nursing.

Freshman Financial Aid at Hondros College 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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Among first-time, full-time freshmen at Hondros College of Nursing, 96% of the incoming full-time class was awarded financial aid around 206 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)83%$5,318
Institutional grants & scholarships11%$879
Federal Pell grants82%$4,901
State/local grants3%$9,020
Federal student loans83%$7,237

Scholarship and Grant Awards at Hondros College of Nursing

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 76% of undergraduate students received gift aid averaging $5,723 (for some 2361 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)76%$5,723
Federal Pell grants71%$5,340
Federal student loans88%$8,608

On-campus students receiving title-IV aid were awarded grants averaging $4,667.

Income-Adjusted Net Price at Hondros College 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$29,231
$30,001 – $75,000$29,498
Over $75,000$32,904

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Average Net Price for Hondros College of Nursing

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$26,014
Off-campus title-IV students$29,682

To get a personalized net price estimate, try Hondros College of Nursing’s online cost calculator: www.shoppingsheet.com/Shopping/Landing/hondros.

Student Debt Levels at Hondros College of Nursing

The median federal debt load at Hondros College of Nursing comes to $12,004 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$12,004
Median federal debt (graduates only)$15,833
Typical 10-year monthly payment (graduates)$167.86/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

How Debt Is Distributed Across Students

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Hondros College of Nursing.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,167
25th percentile$6,334
75th percentile$23,000
90th percentile (highest-debt students)$35,332

How Debt Outcomes Vary by Student Group at Hondros College of Nursing

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$10,500
Middle income$12,834
High income$11,137

By First-Generation Status

CohortMedian federal debt
First-generation students$11,667
Continuing-generation students$13,000

By Dependency Status

CohortMedian federal debt
Dependent students$7,334
Independent students$12,667

Summary Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Hondros College of Nursing.

Federal Stafford Lending at Hondros College of Nursing

Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Hondros College of Nursing:

MetricValue
Stafford loan recipients15832
Total Stafford loan amount$234,752,648

Military and Veterans Aid at Hondros College of Nursing

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients36
Total GI Bill amount$478,087
Average GI Bill amount per recipient$13,280

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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