by our College Data Analytics TeamMany 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 Illinois College of Optometry can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Illinois College of Optometry offer, and what will you qualify for? Read on for more information. Keep reading to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Illinois College of Optometry.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Illinois College of Optometry.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,405 |
| 25th percentile | $3,930 |
| 75th percentile | $11,630 |
| 90th percentile (highest-debt students) | $14,760 |
The figure below distills the debt data into a single burden category for Illinois College of Optometry.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Illinois College of Optometry:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2181 |
| Total Stafford loan amount | $249,082,467 |
References
More about our data sources and methodologies.