by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Massage Institute of Memphis can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financing options does Massage Institute of Memphis offer, and what will you qualify for? Keep scrolling for more information. Keep reading to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Massage Institute of Memphis.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Massage Institute of Memphis, 80% of first-time, full-time freshmen received some form of financial aid approximately 4 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $3,779 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $3,779 |
| State/local grants | 0% | — |
| Federal student loans | 80% | $4,187 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 48% of undergrads got grants or scholarships worth on average $3,943 (for some 14 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $3,943 |
| Federal Pell grants | 41% | $3,160 |
| Federal student loans | 59% | $4,461 |
On-campus students receiving title-IV aid were awarded grants averaging $3,779.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,795 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,511 |
| Off-campus title-IV students | $10,795 |
For an estimate tailored to your family circumstances, see Massage Institute of Memphis’s NPC: www.themassageinstitute.com/calculator/.
A typical borrower at Massage Institute of Memphis leaves with $7,391 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,391 |
These indicators are derived from the underlying debt data and summarize the overall picture at Massage Institute of Memphis.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Massage Institute of Memphis:
| Metric | Value |
|---|---|
| Stafford loan recipients | 54 |
| Total Stafford loan amount | $364,400 |
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 | 2 |
| Total GI Bill amount | $17,284 |
| Average GI Bill amount per recipient | $8,642 |
References
More about our data sources and methodologies.