by our College Data Analytics TeamThe majority 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 sum total of attendance at Chamberlain University-Michigan can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Chamberlain - Michigan offer you, and what will you qualify for? Read on for more information. Scroll down to find out just how much financial aid will be open 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 Chamberlain University-Michigan.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Chamberlain University-Michigan, 100% of first-time, full-time freshmen received some form of financial aid around 5 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,865 |
| Institutional grants & scholarships | 20% | $800 |
| Federal Pell grants | 100% | $5,505 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $7,100 |
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, approximately 55% of the undergraduate population received grant aid that averaged $4,741 (for some 355 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $4,741 |
| Federal Pell grants | 50% | $4,404 |
| Federal student loans | 81% | $8,582 |
On-campus students receiving title-IV aid were awarded grants averaging $5,865.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $30,001 – $75,000 | $26,870 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,045 |
| Off-campus title-IV students | $26,870 |
For an estimate tailored to your family circumstances, see Chamberlain - Michigan’s net price tool: www.chamberlain.edu/admissions/financial-aid-scholarships/calculator.
The median federal debt load at Chamberlain - Michigan comes to $16,458 in federal loans.
| 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 |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Chamberlain - Michigan.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
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 - Michigan.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Chamberlain - Michigan:
| 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 activity
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $160,810 |
| Average GI Bill amount per recipient | $17,868 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,750 |
| Average DoD amount per recipient | $1,750 |
References
More about our data sources and methodologies.