$5,858

Avg. Federal Grant

$11,981

Avg. Federal Loan

$3,610,614

Total Aid Awarded

Swedish Institute a College of Health Sciences Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

72%

Total Aid Amount Average Total Aid Awarded per year.

$3.611M

Financial Aid Official Website

www.swedishinstitute.edu

As many as 99% of the students at SICHS get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,532,971 in a year. The total percentage of candidates applying to Swedish Institute a College of Health Sciences who receive the Federal Grant is 71%. Meanwhile, 99% of the applicants receive the Student Grant, while 52% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,730. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 72% of the applicants to Swedish Institute a College of Health Sciences opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

96%

State Grant Aid

70%

Institution Grant Aid

N/A

Pell Grant

95%

Average Aid Awarded

Federal Grant Aid

$5,858

State Grant Aid

$3,664

Institution Grant Aid

N/A

Pell Grant

$5,826

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,837

$30,001 - $48,000

$7,804

$48,001 - $75,000

$2,358

$75,001 - $110,000

$2,360

Over $110,000

$500

Student Loans for Swedish Institute a College of Health Sciences

Average Loan Amount Average Loan Amount received per year.

$11,981/Year

Students Taking Out Loans

100%

Loan Default Rate

21.4%

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