by our College Data Analytics TeamA lot of 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 sum total of attendance at Mind Body Institute can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can Mind Body Institute provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see what amount of financial assistance could be accessible 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 Mind Body Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Mind Body Institute, 73% of entering full-time freshmen got some type of financial assistance around 11 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,065 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 53% | $5,065 |
| State/local grants | 0% | — |
| Federal student loans | 47% | $6,872 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Mind Body Institute, around 34% of the undergraduate population received grant aid that averaged $5,260 (for some 27 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $5,260 |
| Federal Pell grants | 34% | $5,176 |
| Federal student loans | 43% | $6,737 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,052.
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 | $23,445 |
| $30,001 – $75,000 | $25,865 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,627 |
| Off-campus title-IV students | $23,445 |
For an estimate tailored to your family circumstances, see Mind Body Institute’s NPC: mindbody.edu/netprice/npcalc2022.html.
The median federal debt load at Mind Body Institute comes to $7,389 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,389 |
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Mind Body Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,279 |
| 75th percentile | $7,389 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Middle income | $7,389 |
The figure below distills the debt data into a single burden category for Mind Body Institute.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Mind Body Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 196 |
| Total Stafford loan amount | $1,163,907 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $30,000 |
| Average GI Bill amount per recipient | $10,000 |
References
More about our data sources and methodologies.