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Chamberlain University-Illinois Paying for Your Degree

100% Freshmen Get Financial Aid
$4,919 Average Grant & Scholarship
64% Undergrads Get Grant Aid

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.

Understanding Chamberlain - Illinois Aid Information

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.

Average Freshman Financial Aid at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)88%$9,947
Institutional grants & scholarships73%$2,583
Federal Pell grants76%$5,718
State/local grants33%$7,229
Federal student loans97%$8,015

Grant Aid for Undergraduates at Chamberlain University-Illinois

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)64%$4,919
Federal Pell grants33%$4,064
Federal student loans58%$8,603

For on-campus title-IV students, average grant aid came to $8,989.

How Cost Varies by Income at Chamberlain University-Illinois

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage 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 Real Cost of Attending Chamberlain University-Illinois

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage 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.

How Much Students Borrow at Chamberlain University-Illinois

Graduating students at Chamberlain - Illinois carry a median federal student debt of $16,458 of cumulative federal debt.

MetricAmount
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.

How Debt Is Distributed Across Students

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.

PercentileCumulative 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 Debt Outcomes Vary by Student Group at Chamberlain University-Illinois

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$16,577
Middle income$15,795
High income$17,250

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$16,405
Continuing-generation students$16,594

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$19,500
Independent students$16,125

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Chamberlain - Illinois.

Federal Stafford Lending at Chamberlain University-Illinois

Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Chamberlain - Illinois:

MetricValue
Stafford loan recipients118110
Total Stafford loan amount$3,150,719,189

Military and Veterans Aid at Chamberlain University-Illinois

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

MetricValue
GI Bill recipients667
Total GI Bill amount$5,202,893
Average GI Bill amount per recipient$7,800

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients47
Total DoD amount$97,124
Average DoD amount per recipient$2,066

External Resources for Chamberlain University-Illinois

References

More about our data sources and methodologies.

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