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 total cost of going to Ohio Business College-Dayton-Driving Academy can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Ohio Business College-Dayton-Driving Academy offer you, and what will you qualify for? Keep reading for more information. Keep reading to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Ohio Business College-Dayton-Driving Academy.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Ohio Business College-Dayton-Driving Academy, 3% of first-year full-time students received aid of some kind roughly 5 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 2% | $6,264 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 2% | $6,139 |
| State/local grants | 0% | — |
| Federal student loans | 2% | $7,628 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, roughly 17% of the undergraduate population received grant aid that averaged $3,208 (for some 66 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 17% | $3,208 |
| Federal Pell grants | 7% | $3,595 |
| Federal student loans | 6% | $5,222 |
Title-IV recipients living on campus saw average grant aid of $5,011.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $2,393 |
| $30,001 – $75,000 | $3,671 |
| Over $75,000 | $6,893 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $1,889 |
| Off-campus title-IV students | $3,422 |
For an estimate tailored to your family circumstances, see Ohio Business College-Dayton-Driving Academy’s NPC: www.obc.edu/npc/npcalc.htm.
A typical borrower at Ohio Business College-Dayton-Driving Academy leaves with $10,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,000 |
| Median federal debt (graduates only) | $12,416 |
| Typical 10-year monthly payment (graduates) | $131.63/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Ohio Business College-Dayton-Driving Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,237 |
| 25th percentile | $6,358 |
| 75th percentile | $21,500 |
| 90th percentile (highest-debt students) | $30,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,000 |
| Middle income | $10,296 |
| High income | $7,667 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,000 |
| Continuing-generation students | $9,800 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,666 |
| Independent students | $10,100 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Ohio Business College-Dayton-Driving Academy.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Ohio Business College-Dayton-Driving Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6652 |
| Total Stafford loan amount | $113,427,817 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.