by our College Data Analytics TeamA large number of students are not billed 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 total cost of going to Reading Hospital School of Health Sciences can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will RHSHS deliver, and just what are you going to be eligible for? Read on for answers. Read on to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Reading Hospital School of Health Sciences.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Reading Hospital School of Health Sciences, 88% of the incoming full-time class was awarded financial aid approximately 15 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,022 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 29% | $2,887 |
| State/local grants | 53% | $3,418 |
| Federal student loans | 88% | $6,714 |
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 RHSHS, some 69% of undergrads got grants or scholarships worth on average $7,867 (covering around 187 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $7,867 |
| Federal Pell grants | 39% | $4,520 |
| Federal student loans | 60% | $6,711 |
For students living on campus and receiving title-IV aid, grants averaged $962.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,887 |
| $30,001 – $75,000 | $15,217 |
| Over $75,000 | $22,015 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,415 |
| Off-campus title-IV students | $18,616 |
To project your own net price, use RHSHS’s net price tool: reading.towerhealth.org/academics/health-sciences/financial-information/net-price-calculator/.
The median student at RHSHS graduates with $17,250 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,250 |
| Median federal debt (graduates only) | $20,885 |
| Typical 10-year monthly payment (graduates) | $221.42/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 percentiles below describe the cumulative federal debt distribution for borrowers at RHSHS.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,375 |
| 25th percentile | $6,926 |
| 75th percentile | $16,266 |
| 90th percentile (highest-debt students) | $18,915 |
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 | $18,500 |
| Middle income | $17,220 |
| High income | $17,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,163 |
| Continuing-generation students | $18,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,250 |
| Independent students | $19,949 |
A handful of calculated indicators summarize the debt outlook at RHSHS.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at RHSHS:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1702 |
| Total Stafford loan amount | $22,871,395 |
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 | 3 |
| Total GI Bill amount | $28,652 |
| Average GI Bill amount per recipient | $9,551 |
References
More about our data sources and methodologies.