by our College Data Analytics TeamA 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 Chapman University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Chapman offer, and what will you qualify for? Keep reading for more information. Read on to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Chapman University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. 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 Chapman University, 90% of entering full-time freshmen got some type of financial assistance roughly 1609 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $35,434 |
| Institutional grants & scholarships | 88% | $31,889 |
| Federal Pell grants | 20% | $5,674 |
| State/local grants | 18% | $9,204 |
| Federal student loans | 79% | $5,611 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Chapman, approximately 81% of the undergraduate population received grant aid that averaged $31,523 (for some 6392 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $31,523 |
| Federal Pell grants | 19% | $5,571 |
| Federal student loans | 60% | $6,669 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $36,591.
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 | $38,892 |
| $30,001 – $75,000 | $39,983 |
| Over $75,000 | $52,275 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $46,555 |
| Off-campus title-IV students | $47,527 |
For a customized cost estimate, visit Chapman’s NPC: www.chapman.edu/students/tuition-and-aid/financial-aid/net-cost-calculator/index.aspx.
The middle student in the debt distribution at Chapman owes $17,750 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,750 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Chapman.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $10,000 |
| 75th percentile | $26,848 |
| 90th percentile (highest-debt students) | $30,750 |
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 | $19,000 |
| Middle income | $18,750 |
| High income | $16,851 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $16,517 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,589 |
| Independent students | $23,000 |
The figure below distills the debt data into a single burden category for Chapman.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Chapman:
| Metric | Value |
|---|---|
| Stafford loan recipients | 33431 |
| Total Stafford loan amount | $1,002,387,279 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 84 |
| Total GI Bill amount | $920,622 |
| Average GI Bill amount per recipient | $10,960 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.