by our College Data Analytics TeamA lot of students are not billed 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 Texas Healthtech Institute can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financing options does Texas Healthtech Institute offer you, and what will you qualify for? Keep scrolling for more information. Read on to see 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. The figures below will help you estimate the aid you might receive from Texas Healthtech Institute.
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.
Looking at the entering class at Texas Healthtech Institute, 72% of the incoming full-time class was awarded financial aid some 31 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $7,122 |
| Institutional grants & scholarships | 5% | $1,500 |
| Federal Pell grants | 70% | $6,759 |
| State/local grants | 7% | $5,000 |
| Federal student loans | 67% | $8,475 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Texas Healthtech Institute, some 65% of the undergraduate population received grant aid that averaged $6,805 (covering around 109 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $6,805 |
| Federal Pell grants | 64% | $6,348 |
| Federal student loans | 57% | $7,963 |
For students living on campus and receiving title-IV aid, grants averaged $7,056.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,367 |
| $30,001 – $75,000 | $18,429 |
| Over $75,000 | $21,733 |
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 | $19,214 |
| Off-campus title-IV students | $20,503 |
For a customized cost estimate, visit Texas Healthtech Institute’s NPC: www.txinstitute.edu/wp-content/uploads/2022/09/index.html.
Graduating students at Texas Healthtech Institute carry a median federal student debt of $6,967 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,967 |
| Median federal debt (graduates only) | $6,967 |
| Typical 10-year monthly payment (graduates) | $73.86/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Median debt varies by family income, by first-generation status, and by dependency status.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,392 |
| Independent students | $6,967 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Texas Healthtech Institute.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Texas Healthtech Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 239 |
| Total Stafford loan amount | $1,463,989 |
References
More about our data sources and methodologies.