by our College Data Analytics TeamMany students will never be charged 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 cost of going to Remington College-Online Dallas can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can Remington College-Online Dallas offer, and what will you qualify for? Keep reading for more information. Read on to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Remington College-Online Dallas.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Remington College-Online Dallas, 92% of the incoming full-time class was awarded financial aid approximately 22 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $4,681 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 83% | $4,681 |
| State/local grants | 0% | — |
| Federal student loans | 79% | $6,758 |
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 Remington College-Online Dallas, around 30% of undergraduates were awarded an average grant or scholarship of $4,339 (across approximately 33 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 30% | $4,339 |
| Federal Pell grants | 30% | $4,339 |
| Federal student loans | 31% | $7,982 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,681.
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 | $21,433 |
| $30,001 – $75,000 | $19,982 |
| Over $75,000 | $23,374 |
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 | $24,413 |
| Off-campus title-IV students | $21,571 |
For a customized cost estimate, visit Remington College-Online Dallas’s NPC: www.remingtoncollege.edu/consumer-information/.
A typical borrower at Remington College-Online Dallas leaves with $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $13,271 |
| Typical 10-year monthly payment (graduates) | $140.69/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Remington College-Online Dallas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $4,923 |
| 75th percentile | $14,120 |
| 90th percentile (highest-debt students) | $20,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Remington College-Online Dallas.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Remington College-Online Dallas:
| Metric | Value |
|---|---|
| Stafford loan recipients | 105493 |
| Total Stafford loan amount | $1,329,986,628 |
References
More about our data sources and methodologies.