Most students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Chamberlain University-California can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Chamberlain - California provide, and just what are you going to be eligible for? Read on for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Chamberlain University-California.
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.
Among first-time, full-time freshmen at Chamberlain University-California, 100% of first-time, full-time freshmen received some form of financial aid roughly 2 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $1,345 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 50% | $1,345 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $7,500 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 38% of undergraduate students received gift aid averaging $5,388 (for some 258 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $5,388 |
| Federal Pell grants | 33% | $4,339 |
| Federal student loans | 78% | $9,586 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $673.
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 | $36,559 |
For an estimate tailored to your family circumstances, see Chamberlain - California’s net price tool: www.chamberlain.edu/admissions/financial-aid-scholarships/calculator.
A typical borrower at Chamberlain - California leaves with $16,458 in federal student 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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Chamberlain - California.
| 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 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,577 |
| Middle income | $15,795 |
| High income | $17,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,405 |
| Continuing-generation students | $16,594 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $16,125 |
The figure below distills the debt data into a single burden category for Chamberlain - California.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Chamberlain - California:
| Metric | Value |
|---|---|
| Stafford loan recipients | 118110 |
| Total Stafford loan amount | $3,150,719,189 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 33 |
| Total GI Bill amount | $489,784 |
| Average GI Bill amount per recipient | $14,842 |
DoD Tuition Assistance activity
| 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.