by our College Data Analytics TeamMany students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Cambridge College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does Cambridge College offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Cambridge College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Cambridge College, 50% of first-year full-time students received aid of some kind roughly 1 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $3,000 |
| Institutional grants & scholarships | 50% | $500 |
| Federal Pell grants | 0% | — |
| State/local grants | 50% | $2,500 |
| Federal student loans | 50% | $8,907 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Cambridge College, approximately 50% of undergrads got grants or scholarships worth on average $4,144 (across approximately 361 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $4,144 |
| Federal Pell grants | 30% | $2,981 |
| Federal student loans | 39% | $7,551 |
For on-campus title-IV students, average grant aid came to $3,000.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $31,072 |
For a personalized estimate based on your family’s financial situation, use Cambridge College’s official net price calculator: www.cambridgecollege.edu/net-price-calculator/.
The median federal debt load at Cambridge College comes to $14,917 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,917 |
| Median federal debt (graduates only) | $21,791 |
| Typical 10-year monthly payment (graduates) | $231.02/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Cambridge College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,166 |
| 25th percentile | $6,333 |
| 75th percentile | $24,300 |
| 90th percentile (highest-debt students) | $37,625 |
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 | $16,791 |
| Middle income | $12,112 |
| High income | $12,196 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,092 |
| Continuing-generation students | $18,053 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,990 |
| Independent students | $15,833 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Cambridge College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Cambridge College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18100 |
| Total Stafford loan amount | $527,180,597 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $170,400 |
| Average GI Bill amount per recipient | $8,520 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 7 |
| Total DoD amount | $18,000 |
| Average DoD amount per recipient | $2,571 |
References
More about our data sources and methodologies.