$3,947

Avg. Federal Grant

$4,596

Avg. Federal Loan

$404,536

Total Aid Awarded

Healthcare Training Institute Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$404.536K

Financial Aid Official Website

healthcaretraininginstitutenola.net

Interestingly, almost all of the students at HTI receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $514,362 in a year. At HTI, the total percentage of applicants who receive the Federal Grant stands at 88%. In comparison, 100% of the students are awarded the Student Grant, 50% get the Institution Grant, and 88% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,167. 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. 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. Candidates are also required to repay these loans within a given period. At Healthcare Training Institute, the percentage of candidates who opt to avail of student loans is around 100%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

90%

State Grant Aid

N/A

Institution Grant Aid

30%

Pell Grant

90%

Average Aid Awarded

Federal Grant Aid

$3,947

State Grant Aid

N/A

Institution Grant Aid

$803

Pell Grant

$3,947

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,911

$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 Healthcare Training Institute

Average Loan Amount Average Loan Amount received per year.

$4,596/Year

Students Taking Out Loans

100%

Loan Default Rate

13.4%

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