by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at University of Nebraska Medical Center can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will UNMC deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to discover just how much financial aid could be open 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 University of Nebraska Medical Center.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at UNMC, some 65% of undergrads got grants or scholarships worth on average $10,027 (covering around 586 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $10,027 |
| Federal Pell grants | 22% | $4,708 |
| Federal student loans | 47% | $11,396 |
The median federal debt load at UNMC comes to $14,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,000 |
| Median federal debt (graduates only) | $15,000 |
| Typical 10-year monthly payment (graduates) | $159.02/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at UNMC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,103 |
| 75th percentile | $22,500 |
| 90th percentile (highest-debt students) | $30,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $15,875 |
| Middle income | $13,875 |
| High income | $13,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,712 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $18,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at UNMC.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at UNMC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9694 |
| Total Stafford loan amount | $469,116,230 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 43 |
| Total GI Bill amount | $615,678 |
| Average GI Bill amount per recipient | $14,318 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $9,750 |
| Average DoD amount per recipient | $2,438 |
References
More about our data sources and methodologies.