by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Pittsburgh Institute of Mortuary Science Inc can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does PIMS provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Pittsburgh Institute of Mortuary Science Inc.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Pittsburgh Institute of Mortuary Science Inc, 100% of first-year full-time students received aid of some kind roughly 2 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $7,395 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 50% | $7,395 |
| State/local grants | 0% | — |
| Federal student loans | 50% | $9,731 |
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, approximately 46% of undergraduates were awarded an average grant or scholarship of $3,505 (across roughly 231 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $3,505 |
| Federal Pell grants | 23% | $4,568 |
| Federal student loans | 46% | $8,808 |
The median federal debt load at PIMS comes to $15,009 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,009 |
| Median federal debt (graduates only) | $19,295 |
| Typical 10-year monthly payment (graduates) | $204.56/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at PIMS.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,614 |
| 25th percentile | $7,813 |
| 75th percentile | $22,937 |
| 90th percentile (highest-debt students) | $27,687 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,750 |
| Middle income | $16,922 |
| High income | $10,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,709 |
| Continuing-generation students | $12,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,969 |
| Independent students | $17,313 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. PIMS.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at PIMS:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1408 |
| Total Stafford loan amount | $20,960,383 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 18 |
| Total GI Bill amount | $97,065 |
| Average GI Bill amount per recipient | $5,393 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.