by our College Data Analytics TeamA large number 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 sum total of attendance at WellSpring School of Allied Health-Wichita can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does WellSpring - Wichita deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from WellSpring School of Allied Health-Wichita.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at WellSpring School of Allied Health-Wichita, 100% of entering full-time freshmen got some type of financial assistance approximately 6 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $9,604 |
| Institutional grants & scholarships | 83% | $2,300 |
| Federal Pell grants | 100% | $6,521 |
| State/local grants | 17% | $7,000 |
| Federal student loans | 100% | $9,511 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, roughly 90% of undergrads got grants or scholarships worth on average $9,158 (among about 84 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $9,158 |
| Federal Pell grants | 82% | $5,120 |
| Federal student loans | 81% | $5,069 |
On-campus students receiving title-IV aid were awarded grants averaging $9,254.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,560 |
| $30,001 – $75,000 | $10,772 |
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 | $8,925 |
| Off-campus title-IV students | $9,355 |
For a customized cost estimate, visit WellSpring - Wichita’s official net price calculator: www.wellspring.edu/npc/npcalc.htm.
Graduating students at WellSpring - Wichita carry a median federal student debt of $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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at WellSpring - Wichita.
| 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 |
First-Generation Comparison
| 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 |
The figure below distills the debt data into a single burden category for WellSpring - Wichita.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at WellSpring - Wichita:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2144 |
| Total Stafford loan amount | $18,255,924 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $47,500 |
| Average GI Bill amount per recipient | $11,875 |
References
More about our data sources and methodologies.