by our College Data Analytics TeamMany students will never be charged 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 Montefiore School of Nursing can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does Montefiore School of Nursing provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Montefiore School of Nursing.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, roughly 28% of undergraduates were awarded an average grant or scholarship of $4,891 (covering around 32 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $4,891 |
| Federal Pell grants | 28% | $4,302 |
| Federal student loans | 78% | $8,340 |
Graduating students at Montefiore School of Nursing carry a median federal student debt of $20,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,000 |
| Median federal debt (graduates only) | $20,000 |
| Typical 10-year monthly payment (graduates) | $212.03/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Middle income | $20,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Montefiore School of Nursing.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Montefiore School of Nursing:
| Metric | Value |
|---|---|
| Stafford loan recipients | 312 |
| Total Stafford loan amount | $4,851,083 |
References
More about our data sources and methodologies.