by our College Data Analytics TeamMany students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Central Methodist University-College of Graduate and Extended Studies can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can CMU CGES offer you, and what will you qualify for? Keep reading for more information. Read on to discover what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Central Methodist University-College of Graduate and Extended Studies.
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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Central Methodist University-College of Graduate and Extended Studies, 90% of new full-time first-years were awarded at least some aid roughly 46 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $7,730 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 88% | $7,238 |
| State/local grants | 6% | $2,900 |
| Federal student loans | 2% | $9,500 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 46% of undergrads got grants or scholarships worth on average $4,833 (for some 1487 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $4,833 |
| Federal Pell grants | 32% | $4,891 |
| Federal student loans | 21% | $6,937 |
On-campus students receiving title-IV aid were awarded grants averaging $7,709.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,774 |
| $30,001 – $75,000 | $14,057 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,601 |
| Off-campus title-IV students | $14,774 |
For a personalized estimate based on your family’s financial situation, use CMU CGES’s net price calculator: www.centralmethodist.edu/admissions/financial-aid/calculator/npcalc.htm.
The middle student in the debt distribution at CMU CGES owes $13,292 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,292 |
| Median federal debt (graduates only) | $17,619 |
| Typical 10-year monthly payment (graduates) | $186.79/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at CMU CGES.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,070 |
| 25th percentile | $5,845 |
| 75th percentile | $21,500 |
| 90th percentile (highest-debt students) | $28,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,876 |
| Middle income | $13,750 |
| High income | $13,100 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,567 |
| Continuing-generation students | $12,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $14,757 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. CMU CGES.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at CMU CGES:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12981 |
| Total Stafford loan amount | $228,550,302 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $53,561 |
| Average GI Bill amount per recipient | $3,571 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $2,250 |
| Average DoD amount per recipient | $2,250 |
References
More about our data sources and methodologies.