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 price tag of going to Walnut Hill College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will The Restaurant School at Walnut Hill College offer, and what will you qualify for? Read on for more information. Keep reading to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Walnut Hill College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Walnut Hill College, 93% of entering full-time freshmen got some type of financial assistance some 39 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $9,827 |
| Institutional grants & scholarships | 76% | $4,477 |
| Federal Pell grants | 48% | $5,675 |
| State/local grants | 38% | $4,835 |
| Federal student loans | 76% | $6,333 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at The Restaurant School at Walnut Hill College, some 58% of undergraduate students received gift aid averaging $12,922 (covering around 74 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $12,922 |
| Federal Pell grants | 31% | $8,244 |
| Federal student loans | 57% | $9,495 |
For students living on campus and receiving title-IV aid, grants averaged $3,153.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $32,865 |
| $30,001 – $75,000 | $33,783 |
| Over $75,000 | $33,842 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $32,351 |
| Off-campus title-IV students | $33,578 |
For a personalized estimate based on your family’s financial situation, use The Restaurant School at Walnut Hill College’s net price calculator: walnuthillcollege.studentaidcalculator.com/survey.aspx.
A typical borrower at The Restaurant School at Walnut Hill College leaves with $12,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $18,765 |
| Typical 10-year monthly payment (graduates) | $198.94/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at The Restaurant School at Walnut Hill College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,668 |
| 25th percentile | $11,411 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $27,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $12,000 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $12,166 |
These indicators are derived from the underlying debt data and summarize the overall picture at The Restaurant School at Walnut Hill College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at The Restaurant School at Walnut Hill College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3095 |
| Total Stafford loan amount | $43,587,172 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $175,662 |
| Average GI Bill amount per recipient | $17,566 |
References
More about our data sources and methodologies.