by our College Data Analytics TeamMany 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 The Ohio Media School-Columbus can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financing options does The Ohio Media School-Columbus offer, and what will you qualify for? Keep scrolling for more information. Keep reading to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from The Ohio Media School-Columbus.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at The Ohio Media School-Columbus, 96% of first-time, full-time freshmen received some form of financial aid some 50 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,619 |
| Institutional grants & scholarships | 4% | $3,000 |
| Federal Pell grants | 83% | $5,228 |
| State/local grants | 0% | — |
| Federal student loans | 81% | $7,764 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at The Ohio Media School-Columbus, approximately 86% of the undergraduate population received grant aid that averaged $4,770 (for some 123 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $4,770 |
| Federal Pell grants | 75% | $5,044 |
| Federal student loans | 71% | $7,298 |
Title-IV recipients living on campus saw average grant aid of $5,620.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,278 |
| $30,001 – $75,000 | $26,481 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $24,913 |
| Off-campus title-IV students | $25,406 |
For a customized cost estimate, visit The Ohio Media School-Columbus’s net price tool: beonair.com/locations/columbus/net-price-calculator/.
The median student at The Ohio Media School-Columbus graduates with $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at The Ohio Media School-Columbus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
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 | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at The Ohio Media School-Columbus.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at The Ohio Media School-Columbus:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6333 |
| Total Stafford loan amount | $55,204,499 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $93,581 |
| Average GI Bill amount per recipient | $13,369 |
References
More about our data sources and methodologies.