The 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 price tag of going to Sandusky Career Center can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Sandusky Career Center offer, and what will you qualify for? Keep reading for more information. Read on to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Sandusky Career Center.
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.
At Sandusky Career Center, 82% of first-time, full-time freshmen received some form of financial aid around 23 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $4,533 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 75% | $3,896 |
| State/local grants | 14% | $4,476 |
| Federal student loans | 71% | $7,276 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Sandusky Career Center, roughly 75% of undergrads got grants or scholarships worth on average $5,154 (across approximately 132 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,154 |
| Federal Pell grants | 61% | $4,098 |
| Federal student loans | 67% | $6,184 |
The median federal debt load at Sandusky Career Center comes to $12,773 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,773 |
| Median federal debt (graduates only) | $14,513 |
| Typical 10-year monthly payment (graduates) | $153.86/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Sandusky Career Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,272 |
| 25th percentile | $4,750 |
| 75th percentile | $12,456 |
| 90th percentile (highest-debt students) | $12,773 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,773 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,395 |
| Independent students | $14,113 |
These indicators are derived from the underlying debt data and summarize the overall picture at Sandusky Career Center.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Sandusky Career Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 879 |
| Total Stafford loan amount | $9,014,947 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $22,340 |
| Average GI Bill amount per recipient | $11,170 |
References
More about our data sources and methodologies.