by our College Data Analytics TeamThe majority 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 total price of attendance at Ohio Business College-Sandusky can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Ohio Business College-Sandusky deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Ohio Business College-Sandusky.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Ohio Business College-Sandusky, 100% of new full-time first-years were awarded at least some aid around 10 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,862 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $5,447 |
| State/local grants | 80% | $1,619 |
| Federal student loans | 100% | $7,497 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, around 100% of undergraduates were awarded an average grant or scholarship of $5,385 (for some 24 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,385 |
| Federal Pell grants | 100% | $4,596 |
| Federal student loans | 100% | $6,549 |
Title-IV recipients living on campus saw average grant aid of $6,862.
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 | $28,674 |
| $30,001 – $75,000 | $26,316 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $30,486 |
| Off-campus title-IV students | $28,674 |
For a customized cost estimate, visit Ohio Business College-Sandusky’s official net price calculator: ohiobusinesscollege.edu/npc/npcalc.htm.
A typical borrower at Ohio Business College-Sandusky 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 |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Ohio Business College-Sandusky.
| 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 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| 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 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,666 |
| Independent students | $10,100 |
These indicators are derived from the underlying debt data and summarize the overall picture at Ohio Business College-Sandusky.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Ohio Business College-Sandusky:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6652 |
| Total Stafford loan amount | $113,427,817 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.