$5,776

Avg. Federal Grant

$7,666

Avg. Federal Loan

$3,888,660

Total Aid Awarded

Mandl School-The College of Allied Health Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$3.889M

Financial Aid Official Website

www.mandl.edu

It is interesting to note that, every year, around 96% of students at MSTCAH receive some kind of financial aid, while the total amount of assistance/loans provided is $3,475,499. At MSTCAH, the total percentage of applicants who receive the Federal Grant stands at 93%. Meanwhile, 94% of the applicants receive the Student Grant, while 93% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,692. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At MSTCAH, an estimated number of 83% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

93%

State Grant Aid

61%

Institution Grant Aid

N/A

Pell Grant

93%

Average Aid Awarded

Federal Grant Aid

$5,776

State Grant Aid

$3,321

Institution Grant Aid

N/A

Pell Grant

$5,776

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,654

$30,001 - $48,000

$7,285

$48,001 - $75,000

$1,875

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Mandl School-The College of Allied Health

Average Loan Amount Average Loan Amount received per year.

$7,666/Year

Students Taking Out Loans

95%

Loan Default Rate

18.2%

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