by our College Data Analytics TeamA lot of students are not billed 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 sum total of attendance at Charles R Drew University of Medicine and Science can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can CDU provide, and just what are you going to be eligible for? Keep reading for answers. Read on to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Charles R Drew University of Medicine and Science.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Charles R Drew University of Medicine and Science, 100% of the incoming full-time class was awarded financial aid around 4 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,276 |
| Institutional grants & scholarships | 75% | $2,125 |
| Federal Pell grants | 75% | $2,910 |
| State/local grants | 0% | — |
| Federal student loans | 50% | $5,875 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At CDU, about 71% of undergrads got grants or scholarships worth on average $16,515 (among about 168 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $16,515 |
| Federal Pell grants | 54% | $5,785 |
| Federal student loans | 65% | $10,507 |
Title-IV recipients living on campus saw average grant aid of $4,276.
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 | $27,499 |
| $30,001 – $75,000 | $26,595 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $35,558 |
| Off-campus title-IV students | $27,789 |
For a personalized estimate based on your family’s financial situation, use CDU’s online cost calculator: docs-cdrewu.cloud/assets/admissions/PriceCalculator.html.
A typical borrower at CDU leaves with $14,750 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,750 |
| Median federal debt (graduates only) | $18,750 |
| Typical 10-year monthly payment (graduates) | $198.78/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 percentiles below describe the cumulative federal debt distribution for borrowers at CDU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,278 |
| 25th percentile | $10,250 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $30,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $16,902 |
| Middle income | $15,010 |
| High income | $11,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,794 |
| Continuing-generation students | $14,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,500 |
| Independent students | $18,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at CDU.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at CDU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3720 |
| Total Stafford loan amount | $140,921,527 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $425,199 |
| Average GI Bill amount per recipient | $26,575 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.