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Worsham College of Mortuary Science Financial Aid & Scholarships

44% Freshmen Get Financial Aid
$6,263 Average Grant & Scholarship
59% Undergrads Get Grant Aid

A lot of students will never be charged 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 price tag of going to Worsham College of Mortuary Science can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financing options does Worsham College of Mortuary Science offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to learn what amount of financial assistance will be accessible to you.

Why You Should Understand Worsham College of Mortuary Science Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Worsham College of Mortuary Science.

Freshman Financial Aid at Worsham College of Mortuary Science

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.

Among first-time, full-time freshmen at Worsham College of Mortuary Science, 44% of first-year full-time students received aid of some kind roughly 7 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)25%$6,499
Institutional grants & scholarships0%
Federal Pell grants25%$6,499
State/local grants0%
Federal student loans44%$10,108

Grant Aid for Undergraduates at Worsham College of Mortuary Science

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Worsham College of Mortuary Science, some 59% of the undergraduate population received grant aid that averaged $6,263 (among about 111 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)59%$6,263
Federal Pell grants59%$6,263
Federal student loans89%$8,189

On-campus students receiving title-IV aid were awarded grants averaging $3,714.

Income-Adjusted Net Price at Worsham College of Mortuary Science

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$23,925
$30,001 – $75,000$24,548

The numbers above are post-aid net prices, so they already account for grants and scholarships.

What Students Actually Pay at Worsham College of Mortuary Science

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$26,781
Off-campus title-IV students$23,925

For a personalized estimate based on your family’s financial situation, use Worsham College of Mortuary Science’s online cost calculator: www.worsham.edu/worshamsite/wp-content/uploads/2019/07/Worsham18-19NPC.html.

Typical Student Debt at Worsham College of Mortuary Science

The median student at Worsham College of Mortuary Science graduates with $12,000 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$12,000
Median federal debt (graduates only)$15,024
Typical 10-year monthly payment (graduates)$159.28/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

The Full Range of Student Debt

A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Worsham College of Mortuary Science.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$9,111
75th percentile$15,333
90th percentile (highest-debt students)$15,333

Debt Outcomes by Student Group at Worsham College of Mortuary Science

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$11,333
Middle income$14,603
High income$9,143

First-Generation Comparison

CohortMedian federal debt
First-generation students$13,250
Continuing-generation students$10,222

By Dependency Status

CohortMedian federal debt
Dependent students$9,111
Independent students$15,333

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Worsham College of Mortuary Science.

Federal Stafford Lending at Worsham College of Mortuary Science

Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Worsham College of Mortuary Science:

MetricValue
Stafford loan recipients984
Total Stafford loan amount$10,665,868

GI Bill and DoD Benefits at Worsham College of Mortuary Science

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

MetricValue
GI Bill recipients5
Total GI Bill amount$70,692
Average GI Bill amount per recipient$14,138

References

More about our data sources and methodologies.

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