by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at WellSpring School of Allied Health-Lawrence can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will WellSpring - Lawrence provide, and just what are you going to be eligible for? Read on for answers. Keep reading to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from WellSpring School of Allied Health-Lawrence.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At WellSpring School of Allied Health-Lawrence, 100% of entering full-time freshmen got some type of financial assistance around 7 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $8,446 |
| Institutional grants & scholarships | 100% | $1,250 |
| Federal Pell grants | 100% | $7,196 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $9,402 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At WellSpring - Lawrence, some 93% of undergraduate students received gift aid averaging $7,200 (covering around 57 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $7,200 |
| Federal Pell grants | 82% | $2,507 |
| Federal student loans | 85% | $5,482 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,705.
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 | $16,971 |
| $30,001 – $75,000 | $18,471 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,143 |
| Off-campus title-IV students | $16,971 |
For a personalized estimate based on your family’s financial situation, use WellSpring - Lawrence’s official net price calculator: www.wellspring.edu/npc/npcalc.htm.
A typical borrower at WellSpring - Lawrence leaves with $7,917 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,917 |
| Median federal debt (graduates only) | $7,917 |
| Typical 10-year monthly payment (graduates) | $83.93/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at WellSpring - Lawrence.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,959 |
| 25th percentile | $6,000 |
| 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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,917 |
| Middle income | $7,917 |
| High income | $7,917 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,917 |
| Continuing-generation students | $7,917 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,250 |
| Independent students | $7,917 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. WellSpring - Lawrence.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at WellSpring - Lawrence:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2144 |
| Total Stafford loan amount | $18,255,924 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $52,375 |
| Average GI Bill amount per recipient | $17,458 |
References
More about our data sources and methodologies.