$1,935

Avg. Federal Grant

$5,630

Avg. Federal Loan

$1,179,617

Total Aid Awarded

Good Samaritan College of Nursing and Health Science Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

66%

Total Aid Amount Average Total Aid Awarded per year.

$1.180M

Financial Aid Official Website

www.gscollege.edu/tuition-aid/financial-aid-basics/

It is interesting to note that, every year, around 82% of students at GSCNHS receive some kind of financial aid, while the total amount of assistance/loans provided is $1,870,697. For additional information about financial assistance schemes, one can head over to GSCNHS’s financial aid page at http://www.gscollege.edu/tuition-aid/financial-aid-basics/. At GSCNHS, the total percentage of applicants who receive the Federal Grant stands at 18%. Meanwhile, 36% of the applicants receive the Student Grant and 18% are awarded the Institution Grant, while 18% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,388. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $8,482 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $6,385 and $1,733, respectively. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Good Samaritan College of Nursing and Health Science, the percentage of candidates who opt to avail of student loans is around 64%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

43%

State Grant Aid

14%

Institution Grant Aid

14%

Pell Grant

29%

Average Aid Awarded

Federal Grant Aid

$1,935

State Grant Aid

$3,072

Institution Grant Aid

$1,000

Pell Grant

$2,703

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,368

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Good Samaritan College of Nursing and Health Science

Average Loan Amount Average Loan Amount received per year.

$6,764/Year

Students Taking Out Loans

71%

Loan Default Rate

6.4%