by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Pima Medical Institute-Seattle can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can PMI Seattle provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Pima Medical Institute-Seattle.
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 freshmen starting at Pima Medical Institute-Seattle, 83% of the incoming full-time class was awarded financial aid some 104 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,804 |
| Institutional grants & scholarships | 2% | $2,950 |
| Federal Pell grants | 52% | $5,006 |
| State/local grants | 4% | $9,088 |
| Federal student loans | 75% | $9,423 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, roughly 30% of the undergraduate population received grant aid that averaged $5,392 (across approximately 213 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 30% | $5,392 |
| Federal Pell grants | 29% | $5,152 |
| Federal student loans | 51% | $10,550 |
Title-IV recipients living on campus saw average grant aid of $3,296.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $28,396 |
| $30,001 – $75,000 | $27,372 |
| Over $75,000 | $32,193 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $31,016 |
| Off-campus title-IV students | $28,058 |
For an estimate tailored to your family circumstances, see PMI Seattle’s NPC: secure.pmi.edu/npcalc/.
The middle student in the debt distribution at PMI Seattle owes $9,500 in federal loans.
| Metric | Amount |
|---|---|
| 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at PMI Seattle.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,166 |
| 25th percentile | $5,498 |
| 75th percentile | $12,673 |
| 90th percentile (highest-debt students) | $27,032 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,499 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for PMI Seattle.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at PMI Seattle:
| Metric | Value |
|---|---|
| Stafford loan recipients | 85962 |
| Total Stafford loan amount | $929,789,700 |
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 | 44 |
| Total GI Bill amount | $623,891 |
| Average GI Bill amount per recipient | $14,179 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.