$5,519

Avg. Federal Grant

$5,780

Avg. Federal Loan

$2,060,994

Total Aid Awarded

St Pauls School of Nursing Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$2.061M

Financial Aid Official Website

https://www.stpaulsschoolofnursing.edu/financial-aid

Notably, almost all of the school students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,405,530. At SPSNQ, the total percentage of applicants who receive the Federal Grant stands at 100%. In comparison, 100% of the students get the Student Grant, and 100% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,618. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. Every year, around 93% of the applicants to St Paul's School of Nursing-Queens opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

92%

State Grant Aid

77%

Institution Grant Aid

N/A

Pell Grant

92%

Average Aid Awarded

Federal Grant Aid

$5,519

State Grant Aid

$3,068

Institution Grant Aid

N/A

Pell Grant

$5,144

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,797

$30,001 - $48,000

$3,970

$48,001 - $75,000

$5,045

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for St Pauls School of Nursing

Average Loan Amount Average Loan Amount received per year.

$5,780/Year

Students Taking Out Loans

92%

Loan Default Rate

4.4%

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