by our College Data Analytics TeamMost students will not be asked to pay 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 Centura College-Chesapeake can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Centura College - Chesapeake offer, and what will you qualify for? Keep scrolling for more information. Keep reading to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Centura College-Chesapeake.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Centura College-Chesapeake, 93% of the incoming full-time class was awarded financial aid some 25 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $6,419 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 89% | $6,135 |
| State/local grants | 0% | — |
| Federal student loans | 81% | $8,068 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, roughly 64% of the undergraduate population received grant aid that averaged $5,225 (covering around 145 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $5,225 |
| Federal Pell grants | 64% | $4,993 |
| Federal student loans | 38% | $8,498 |
Title-IV recipients living on campus saw average grant aid of $6,162.
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 | $25,150 |
| $30,001 – $75,000 | $26,066 |
| Over $75,000 | $31,495 |
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 | $26,988 |
| Off-campus title-IV students | $26,254 |
For an estimate tailored to your family circumstances, see Centura College - Chesapeake’s net price calculator: www.centuracollege.edu/your_rights/.
The median federal debt load at Centura College - Chesapeake comes to $10,054 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,054 |
| Median federal debt (graduates only) | $14,750 |
| Typical 10-year monthly payment (graduates) | $156.37/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Centura College - Chesapeake.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,708 |
| 25th percentile | $6,198 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $24,594 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,040 |
| Middle income | $11,125 |
| High income | $8,750 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,213 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,750 |
| Independent students | $11,875 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Centura College - Chesapeake.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Centura College - Chesapeake:
| Metric | Value |
|---|---|
| Stafford loan recipients | 26310 |
| Total Stafford loan amount | $432,772,151 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 44 |
| Total GI Bill amount | $774,694 |
| Average GI Bill amount per recipient | $17,607 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $4,000 |
| Average DoD amount per recipient | $4,000 |
References
More about our data sources and methodologies.