by our College Data Analytics TeamA lot of students will not be asked to pay 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 sum total of attendance at Nuvani Institute can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Nuvani Institute deliver, and just what are you going to be eligible for? Read on for answers. Read on to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Nuvani Institute.
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 Nuvani Institute, 95% of first-year full-time students received aid of some kind (about 91 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $5,400 |
| Institutional grants & scholarships | 2% | $250 |
| Federal Pell grants | 89% | $5,290 |
| State/local grants | 1% | $900 |
| Federal student loans | 78% | $5,942 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, approximately 89% of the undergraduate population received grant aid that averaged $5,400 (for some 85 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $5,400 |
| Federal Pell grants | 89% | $5,290 |
| Federal student loans | 78% | $5,942 |
For students living on campus and receiving title-IV aid, grants averaged $4,317.
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 | $18,059 |
| $30,001 – $75,000 | $19,026 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,288 |
| Off-campus title-IV students | $18,059 |
For a customized cost estimate, visit Nuvani Institute’s NPC: nuvani.edu/SID/npcalc.htm.
Graduating students at Nuvani Institute carry a median federal student debt of $4,242 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,242 |
| Median federal debt (graduates only) | $5,030 |
| Typical 10-year monthly payment (graduates) | $53.33/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 four reference points below map the debt distribution at Nuvani Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,654 |
| 25th percentile | $2,635 |
| 75th percentile | $5,500 |
| 90th percentile (highest-debt students) | $6,249 |
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 | $4,200 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,230 |
| Independent students | $4,245 |
These indicators are derived from the underlying debt data and summarize the overall picture at Nuvani Institute.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Nuvani Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 524 |
| Total Stafford loan amount | $2,312,526 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $31,367 |
| Average GI Bill amount per recipient | $15,684 |
References
More about our data sources and methodologies.