$4,846

Avg. Federal Grant

$5,650

Avg. Federal Loan

$1,658,960

Total Aid Awarded

Aultman College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$1.659M

Financial Aid Official Website

https://www.aultmancollege.edu

Notably, 93% of the students at Aultman College of Nursing and Health Sciences get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,528,442. More information regarding the financial assistance schemes can be accessed on ACNHS’s official financial aid page at https://www.aultmancollege.edu. Notably, a total of 50% of the applicants to Aultman College of Nursing and Health Sciences receive the Federal Grant every year. In comparison, 83% of the students are awarded the Student Grant, 60% get the Institution Grant, and 50% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,637, and the same stands at $2,591 for State Grant awardees and $5,003 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,379. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $9,255 on average in a year. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At ACNHS, an estimated number of 77% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

30%

State Grant Aid

30%

Institution Grant Aid

30%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$4,846

State Grant Aid

$3,200

Institution Grant Aid

$5,531

Pell Grant

$4,639

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,473

$30,001 - $48,000

$8,442

$48,001 - $75,000

$343

$75,001 - $110,000

$1,149

Over $110,000

N/A

Student Loans for Aultman College

Average Loan Amount Average Loan Amount received per year.

$7,124/Year

Students Taking Out Loans

67%

Loan Default Rate

8%

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