by our College Data Analytics TeamThe majority of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Capri College, Cedar Rapids can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Capri College, Cedar Rapids provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Capri College, Cedar Rapids.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Capri College, Cedar Rapids, 78% of entering full-time freshmen got some type of financial assistance around 38 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $4,776 |
| Institutional grants & scholarships | 27% | $200 |
| Federal Pell grants | 51% | $4,706 |
| State/local grants | 2% | $3,918 |
| Federal student loans | 49% | $6,226 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, some 52% of undergraduates were awarded an average grant or scholarship of $5,000 (among about 90 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $5,000 |
| Federal Pell grants | 49% | $4,899 |
| Federal student loans | 53% | $6,325 |
For students living on campus and receiving title-IV aid, grants averaged $3,933.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,492 |
| $30,001 – $75,000 | $12,674 |
| Over $75,000 | $17,179 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,541 |
| Off-campus title-IV students | $14,413 |
To get a personalized net price estimate, try Capri College, Cedar Rapids’s NPC: capricollege.edu/NPC/CR/index.html.
The median student at Capri College, Cedar Rapids graduates with $7,600 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,600 |
| Median federal debt (graduates only) | $7,600 |
| Typical 10-year monthly payment (graduates) | $80.57/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Capri College, Cedar Rapids.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,400 |
| 75th percentile | $10,990 |
| 90th percentile (highest-debt students) | $13,552 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,574 |
| Middle income | $7,600 |
| High income | $10,205 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,320 |
| Continuing-generation students | $10,159 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,307 |
| Independent students | $7,600 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Capri College, Cedar Rapids.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Capri College, Cedar Rapids:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1714 |
| Total Stafford loan amount | $13,450,711 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $5,548 |
| Average GI Bill amount per recipient | $5,548 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.