$3,704

Avg. Federal Grant

$6,051

Avg. Federal Loan

$551,654

Total Aid Awarded

Central School of Practical Nursing (CSPN) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$551.654K

Financial Aid Official Website

www.cspnohio.org

Notably, 97% of the students at Central School of Practical Nursing get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $665,427. At CSPN, the total percentage of applicants who receive the Federal Grant stands at 71%. Meanwhile, 71% of the applicants receive the Student Grant, while 71% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,109. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CSPN, an estimated number of 82% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$3,704

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$3,704

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,695

$30,001 - $48,000

$3,112

$48,001 - $75,000

N/A

$75,001 - $110,000

$3,631

Over $110,000

N/A

Student Loans for Central School of Practical Nursing (CSPN)

Average Loan Amount Average Loan Amount received per year.

$6,095/Year

Students Taking Out Loans

62%

Loan Default Rate

13.5%

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