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How Affordable Is Mount Carmel College of Nursing?

Here’s the full picture on paying for Mount Carmel College of Nursing, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.

$19,807.00 Cost of Attendance
$10,420.00 Avg Net Price
$21,000.00 Median Grad Debt

Want a specific number? Skip ahead to any section using the links below:

The Cost of Attending Mount Carmel College of Nursing?

The full cost of attending Mount Carmel College of Nursing works out to about $19,807.00 annually.

Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.

Published Cost for Students (no aid)

Tuition and fees $22,080.00
Total cost $19,807.00
That is 40% below the national average net price.

After-Aid Net Price for Students (with average aid)

Total cost $19,807.00
− Grants and scholarships −$11,026.00
Net price $8,781.00
That is 73% below the national average net price.

Net Price for Low-Income Undergraduates

Total cost $19,807.00
− Grants and scholarships −$15,134.00
Net price $4,673.00
That is 86% below the national average net price.
For the full breakdown, see tuition and fees plus living costs.

What a Full Degree Could Cost at Mount Carmel College of Nursing

Cost of attendance here has been rising at a recent average of 18.1% annually, so the projections below total more than one year of attendance. The tables below project the cost forward across a full degree, side by side for a low-income student with aid, a typical student with average aid, and a student paying full sticker price with no aid. The repayment figures use a ten-year loan at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 18.1% 18.1% 18.1%
Freshman year $5,519.00 $10,370.00 $23,391.00
Senior year $9,089.00 $17,080.00 $38,526.00
Total 4-year net price $28,822.00 $54,159.00 $122,165.00
10-year loan interest @ 6.8% $10,980.00 $20,633.00 $46,540.00
Total monthly payment $332.00 $623.00 $1,406.00
Total amount paid $39,802.00 $74,792.00 $168,705.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 18.1% 18.1% 18.1%
Freshman year $5,519.00 $10,370.00 $23,391.00
Senior year $6,517.00 $12,247.00 $27,624.00
Total 2-year net price $12,036.00 $22,617.00 $51,015.00
10-year loan interest @ 6.8% $4,585.00 $8,616.00 $19,435.00
Total monthly payment $139.00 $260.00 $587.00
Total amount paid $16,621.00 $31,233.00 $70,450.00

See the full net-price breakdown in the net-price section.

What Families Actually Pay at Mount Carmel College of Nursing

Net price reflects the true cost to attend after grant and scholarship aid is deducted. It is usually a better planning number than the sticker cost above.

Average net price (on-campus) $10,420.00
Average net price (off-campus) $12,939.00

Net price is far from uniform: lower-income families typically pay much less after aid. Here is the average net price for each family-income range:

Family income Average net price
Under $30,000 $9,258.00
$30,000 to $48,000 $8,493.00
$48,001 to $75,000 $13,884.00
$75,001 to $110,000 $12,677.00
Over $110,000 $18,319.00

For a personalized estimate, try the Mount Carmel College of Nursing Net Price Calculator, or check with the financial aid office.

For the grant-and-scholarship detail behind these figures, see the financial aid page.

Graduate Debt at Mount Carmel College of Nursing

Median graduate debt at Mount Carmel College of Nursing works out to $21,000.00, landing it in the Moderate ($20-30k) burden category.

Across borrowers, debt at graduation distributes like this:

Percentile Debt at graduation
10th $5,500.00
25th $11,875.00
Median (50th) $21,000.00
75th $26,976.00
90th $33,429.00

The 10th-to-90th-percentile spread is one signal of how variable debt outcomes are across the student body.

For the full borrowing and repayment picture, see the student-loan-debt breakdown.

How Income Shapes Debt at Mount Carmel College of Nursing

Student debt at graduation is not evenly distributed across income levels. The breakdown below segments borrowers by family income at entry:

Family income Median debt at graduation
Low income $21,931.00
Middle income $21,500.00
High income $18,250.00

Low-income graduates carry $3,681.00 more debt than high-income graduates.

How Debt Varies by First-Generation Status at Mount Carmel College of Nursing

First-generation students frequently graduate with different debt than continuing-generation students.

Student group Median debt at graduation
First-generation students $21,000.00
Continuing-generation students $20,496.00

First-gen students at Mount Carmel College of Nursing take on $504.00 more debt than continuing-generation students.

Pell Grant Recipients and Debt at Mount Carmel College of Nursing

The Pell Grant is the main federal need-based award for undergraduates. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.

The median debt difference between Pell-eligible and non-Pell graduates of Mount Carmel College of Nursing is $2,000.00. Federal data flags this school for Pell-related debt inequity.

Default Rates and Repayment at Mount Carmel College of Nursing

The federal default-rate tier for Mount Carmel College of Nursing is Low (<5%).

Window Cohort default rate
2-year 2.1%

For a sense of scale, Stafford disbursements at Mount Carmel College of Nursing amount to $69,275,471.00 across 3,428 borrowers.

Veteran Education Benefits at Mount Carmel College of Nursing

Veterans and active-duty students can access dedicated federal education aid such as the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill recipients 8
Avg GI Bill amount $17,491.00
DoD Tuition Assistance recipients 2
Avg DoD Tuition Assistance $2,500.00

Dig into veteran education benefits on the veterans benefits detail.

Things to Think About

Use the figures above as a launch point, then think through Mount Carmel College of Nursing, the questions below are worth your time:

Dig Deeper regarding Mount Carmel College of Nursing

For a closer look at any of these topics, follow the links below:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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