by our College Data Analytics TeamThe majority of students are not billed 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 total cost of going to Touro University Nevada can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial assistance options will Touro University Nevada offer, and what will you qualify for? Read on for more information. Scroll down to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Touro University Nevada.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 79% of undergrads got grants or scholarships worth on average $7,309 (across roughly 15 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $7,309 |
| Federal Pell grants | 16% | $4,661 |
| Federal student loans | 26% | $6,933 |
The median federal debt load at Touro University Nevada comes to $12,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,500 |
| Median federal debt (graduates only) | $12,500 |
| Typical 10-year monthly payment (graduates) | $132.52/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Touro University Nevada.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $6,250 |
| 25th percentile | $11,275 |
| 75th percentile | $22,916 |
| 90th percentile (highest-debt students) | $25,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Touro University Nevada.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Touro University Nevada:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8562 |
| Total Stafford loan amount | $845,494,203 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $173,550 |
| Average GI Bill amount per recipient | $19,283 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.