by our College Data Analytics TeamMost students will not be asked to pay 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 total cost of going to Jefferson Regional School of Nursing can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does JRMC School of Nursing provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Jefferson Regional School of Nursing.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At JRMC School of Nursing, about 54% of undergraduate students received gift aid averaging $5,673 (covering around 61 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $5,673 |
| Federal Pell grants | 54% | $5,552 |
| Federal student loans | 58% | $5,035 |
The middle student in the debt distribution at JRMC School of Nursing owes $7,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,500 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
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 JRMC School of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $7,350 |
| 75th percentile | $20,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,495 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,750 |
| Independent students | $7,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at JRMC School of Nursing.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at JRMC School of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 481 |
| Total Stafford loan amount | $5,896,004 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.