$3,618

Avg. Federal Grant

$5,103

Avg. Federal Loan

$768,159

Total Aid Awarded

Centra College of Nursing Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$768.159K

Financial Aid Official Website

www.centrahealth.com/CCON

Notably, 70% of the students at Centra College of Nursing get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,061,200. For additional information about financial assistance schemes, one can head over to CCN’s financial aid page at http://www.centrahealth.com/CCON. The total percentage of candidates applying to Centra College of Nursing who receive the Federal Grant is 50%. In comparison, 50% of the students are awarded the Student Grant, 10% get the Institution Grant, and 50% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,077. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 Centra College of Nursing, the percentage of candidates who opt to avail of student loans is around 60%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

60%

State Grant Aid

N/A

Institution Grant Aid

20%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$3,618

State Grant Aid

N/A

Institution Grant Aid

$3,167

Pell Grant

$3,618

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,688

$30,001 - $48,000

$2,590

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Centra College of Nursing

Average Loan Amount Average Loan Amount received per year.

$5,103/Year

Students Taking Out Loans

80%

Loan Default Rate

2.8%

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