by our College Data Analytics TeamA lot of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Central Connecticut State University can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can CCSU offer you, and what will you qualify for? Keep reading for more information. Keep going to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Central Connecticut State University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Central Connecticut State University, 95% of new full-time first-years were awarded at least some aid around 1352 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $8,842 |
| Institutional grants & scholarships | 92% | $4,739 |
| Federal Pell grants | 47% | $5,743 |
| State/local grants | 3% | $4,631 |
| Federal student loans | 57% | $5,363 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 73% of undergrads got grants or scholarships worth on average $7,403 (among about 5810 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $7,403 |
| Federal Pell grants | 38% | $5,305 |
| Federal student loans | 49% | $6,551 |
For students living on campus and receiving title-IV aid, grants averaged $8,013.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,074 |
| $30,001 – $75,000 | $14,011 |
| Over $75,000 | $20,332 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $16,857 |
| Off-campus title-IV students | $16,435 |
For a customized cost estimate, visit CCSU’s NPC: www.ccsu.edu/financial-aid/net-price-calculator.
A typical borrower at CCSU leaves with $16,750 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,750 |
| Median federal debt (graduates only) | $22,300 |
| Typical 10-year monthly payment (graduates) | $236.42/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at CCSU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,641 |
| 25th percentile | $6,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $34,800 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,635 |
| Middle income | $17,607 |
| High income | $15,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,343 |
| Continuing-generation students | $15,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,000 |
| Independent students | $18,748 |
These indicators are derived from the underlying debt data and summarize the overall picture at CCSU.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at CCSU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 34184 |
| Total Stafford loan amount | $691,971,947 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 167 |
| Total GI Bill amount | $1,664,907 |
| Average GI Bill amount per recipient | $9,970 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 11 |
| Total DoD amount | $36,042 |
| Average DoD amount per recipient | $3,277 |
References
More about our data sources and methodologies.