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Pima Medical Institute-El Paso Financial Aid Details

96% Freshmen Get Financial Aid
$5,397 Average Grant & Scholarship
71% Undergrads Get Grant Aid

Most 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 price tag of going to Pima Medical Institute-El Paso can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

Just what financing solutions does PMI El Paso provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to find out just how much financial aid will be open to you.

Understanding PMI El Paso Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Pima Medical Institute-El Paso.

What First Years Receive at Pima Medical Institute-El Paso

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Among first-time, full-time freshmen at Pima Medical Institute-El Paso, 96% of first-year full-time students received aid of some kind (about 229 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$5,535
Institutional grants & scholarships0%
Federal Pell grants85%$5,482
State/local grants0%$5,000
Federal student loans91%$7,968

Free Money: Grants and Scholarships at Pima Medical Institute-El Paso

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At PMI El Paso, some 71% of the undergraduate population received grant aid that averaged $5,397 (across roughly 820 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)71%$5,397
Federal Pell grants70%$5,308
Federal student loans62%$9,101

For on-campus title-IV students, average grant aid came to $5,032.

Income-Adjusted Net Price at Pima Medical Institute-El Paso

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$23,755
$30,001 – $75,000$24,209

Each amount is the average cost remaining once grant aid is subtracted, by income band.

Average Net Price for Pima Medical Institute-El Paso

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.

CohortAverage Net Price
On-campus title-IV students$23,412
Off-campus title-IV students$23,746

To project your own net price, use PMI El Paso’s online cost calculator: secure.pmi.edu/npcalc/.

Student Debt Levels at Pima Medical Institute-El Paso

The median student at PMI El Paso graduates with $9,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$9,500
Median federal debt (graduates only)$9,500
Typical 10-year monthly payment (graduates)$100.72/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

Where Student Debt Falls

A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at PMI El Paso.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,166
25th percentile$5,498
75th percentile$12,673
90th percentile (highest-debt students)$27,032

Student Debt by Cohort at Pima Medical Institute-El Paso

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$9,500
Middle income$9,500
High income$9,500

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$9,499
Continuing-generation students$9,500

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. PMI El Paso.

Federal Student Loans at Pima Medical Institute-El Paso

Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at PMI El Paso:

MetricValue
Stafford loan recipients85962
Total Stafford loan amount$929,789,700

Veterans Benefits at Pima Medical Institute-El Paso

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients93
Total GI Bill amount$1,312,185
Average GI Bill amount per recipient$14,110

DoD program volume

MetricValue
DoD Tuition Assistance recipients4
Total DoD amount$10,400
Average DoD amount per recipient$2,600

More Financial Aid Resources from Pima Medical Institute-El Paso

References

More about our data sources and methodologies.

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