by our College Data Analytics TeamA large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Southeast Missouri Hospital College of Nursing and Health Sciences can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Southeast Health provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Southeast Missouri Hospital College of Nursing and Health Sciences.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Southeast Missouri Hospital College of Nursing and Health Sciences, 78% of the incoming full-time class was awarded financial aid some 7 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $5,202 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 33% | $4,930 |
| State/local grants | 67% | $2,687 |
| Federal student loans | 67% | $7,208 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Southeast Health, approximately 67% of undergraduates were awarded an average grant or scholarship of $7,054 (across approximately 98 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $7,054 |
| Federal Pell grants | 42% | $5,358 |
| Federal student loans | 61% | $7,716 |
On-campus students receiving title-IV aid were awarded grants averaging $5,202.
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 | $24,286 |
| $30,001 – $75,000 | $26,092 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $19,390 |
| Off-campus title-IV students | $25,189 |
To get a personalized net price estimate, try Southeast Health’s online cost calculator: nces.ed.gov/collegenavigator/?q=southeast&s=MO&id=417734.
The middle student in the debt distribution at Southeast Health owes $9,860 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,860 |
| Median federal debt (graduates only) | $11,500 |
| Typical 10-year monthly payment (graduates) | $121.92/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. The figures below chart the debt distribution at Southeast Health.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $20,500 |
| 90th percentile (highest-debt students) | $29,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,542 |
| Middle income | $9,680 |
| High income | $10,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,499 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,999 |
| Independent students | $10,500 |
The figure below distills the debt data into a single burden category for Southeast Health.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Southeast Health:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1124 |
| Total Stafford loan amount | $15,288,040 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $76,201 |
| Average GI Bill amount per recipient | $8,467 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.