by our College Data Analytics TeamThe majority of 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 sum total of attendance at St Louis College of Health Careers-St Louis can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can SLCHC deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at St Louis College of Health Careers-St Louis.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At St Louis College of Health Careers-St Louis, 100% of first-year full-time students received aid of some kind approximately 39 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,027 |
| Institutional grants & scholarships | 3% | $465 |
| Federal Pell grants | 85% | $5,429 |
| State/local grants | 0% | — |
| Federal student loans | 87% | $6,892 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, about 84% of undergraduate students received gift aid averaging $4,480 (among about 171 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $4,480 |
| Federal Pell grants | 78% | $4,356 |
| Federal student loans | 72% | $5,994 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,730.
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 | $26,422 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,777 |
| Off-campus title-IV students | $26,422 |
For a customized cost estimate, visit SLCHC’s online cost calculator: slchc.edu/financial-aid/net-price-calculator/.
The median federal debt load at SLCHC comes to $9,500 of federal borrowing.
| 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among 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 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,752 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,818 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at SLCHC.
Stafford loans make up the bulk of federal direct lending to undergraduates. 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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.