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 sum total of attendance at Marian College School of Nursing can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Marian College Los Angeles provide, and just what are you going to be eligible for? Keep reading for answers. Read on to learn what amount of financial assistance will be accessible to you.
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 Marian College 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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Marian College School of Nursing, 85% of the incoming full-time class was awarded financial aid around 11 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $5,417 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 69% | $5,417 |
| State/local grants | 0% | — |
| Federal student loans | 85% | $7,318 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, around 57% of undergraduates were awarded grant or scholarship aid averaging $5,057 (across approximately 108 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $5,057 |
| Federal Pell grants | 57% | $5,057 |
| Federal student loans | 70% | $7,002 |
For on-campus title-IV students, average grant aid came to $4,432.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $28,855 |
| $30,001 – $75,000 | $29,800 |
| Over $75,000 | $32,922 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $31,374 |
| Off-campus title-IV students | $30,387 |
For a customized cost estimate, visit Marian College Los Angeles’s official net price calculator: www.mariancollege.edu/calculator-la.php.
The median student at Marian College Los Angeles graduates with $10,916 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,916 |
| Median federal debt (graduates only) | $12,337 |
| Typical 10-year monthly payment (graduates) | $130.79/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Marian College Los Angeles.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,595 |
| 25th percentile | $8,670 |
| 75th percentile | $16,897 |
| 90th percentile (highest-debt students) | $16,897 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,876 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,051 |
| Continuing-generation students | $10,784 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,004 |
| Independent students | $12,419 |
A handful of calculated indicators summarize the debt outlook at Marian College Los Angeles.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Marian College Los Angeles:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1506 |
| Total Stafford loan amount | $16,222,157 |
References
More about our data sources and methodologies.