by our College Data Analytics TeamMost students will not be asked to pay 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 price tag of going to St Louis College of Health Careers-Fenton can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will SLCHC offer, and what will you qualify for? Read on for more information. Scroll down to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from St Louis College of Health Careers-Fenton.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at St Louis College of Health Careers-Fenton, 100% of the incoming full-time class was awarded financial aid roughly 38 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $5,145 |
| Institutional grants & scholarships | 5% | $1,000 |
| Federal Pell grants | 87% | $4,942 |
| State/local grants | 3% | $3,123 |
| Federal student loans | 100% | $7,650 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At SLCHC, some 66% of the undergraduate population received grant aid that averaged $5,497 (among about 369 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $5,497 |
| Federal Pell grants | 66% | $4,944 |
| Federal student loans | 76% | $8,480 |
For on-campus title-IV students, average grant aid came to $4,521.
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 | $24,395 |
| Off-campus title-IV students | $21,101 |
For a customized cost estimate, visit SLCHC’s net price tool: slchc.edu/financial-aid/net-price-calculator/.
A typical borrower at SLCHC leaves with $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $11,750 |
| Typical 10-year monthly payment (graduates) | $124.57/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at SLCHC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,974 |
| 25th percentile | $5,452 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $22,636 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,752 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,818 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at SLCHC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at SLCHC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8483 |
| Total Stafford loan amount | $108,264,036 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $65,443 |
| Average GI Bill amount per recipient | $16,361 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.