A large number of students are not billed 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 total price of attendance at Chamberlain University-Illinois can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Chamberlain - Illinois offer you, and what will you qualify for? Read on for more information. Keep reading to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Chamberlain University-Illinois.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Chamberlain University-Illinois, 100% of the incoming full-time class was awarded financial aid roughly 33 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $9,947 |
| Institutional grants & scholarships | 73% | $2,583 |
| Federal Pell grants | 76% | $5,718 |
| State/local grants | 33% | $7,229 |
| Federal student loans | 97% | $8,015 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Chamberlain - Illinois, roughly 64% of undergraduate students received gift aid averaging $4,919 (covering around 7827 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $4,919 |
| Federal Pell grants | 33% | $4,064 |
| Federal student loans | 58% | $8,603 |
For on-campus title-IV students, average grant aid came to $8,989.
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 | $23,551 |
| $30,001 – $75,000 | $23,509 |
| Over $75,000 | $36,129 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $31,837 |
| Off-campus title-IV students | $26,933 |
For an estimate tailored to your family circumstances, see Chamberlain - Illinois’s online cost calculator: www.chamberlain.edu/admissions/financial-aid-scholarships/calculator.
Graduating students at Chamberlain - Illinois carry a median federal student debt of $16,458 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,458 |
| Median federal debt (graduates only) | $20,919 |
| Typical 10-year monthly payment (graduates) | $221.78/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly 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 Chamberlain - Illinois.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,288 |
| 25th percentile | $10,169 |
| 75th percentile | $27,500 |
| 90th percentile (highest-debt students) | $40,125 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $16,577 |
| Middle income | $15,795 |
| High income | $17,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,405 |
| Continuing-generation students | $16,594 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $16,125 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Chamberlain - Illinois.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Chamberlain - Illinois:
| Metric | Value |
|---|---|
| Stafford loan recipients | 118110 |
| Total Stafford loan amount | $3,150,719,189 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 667 |
| Total GI Bill amount | $5,202,893 |
| Average GI Bill amount per recipient | $7,800 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 47 |
| Total DoD amount | $97,124 |
| Average DoD amount per recipient | $2,066 |
References
More about our data sources and methodologies.