by our College Data Analytics TeamMost 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 total price of attendance at Charter College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Charter College offer, and what will you qualify for? Keep scrolling for more information. Read on to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Charter College.
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.
For incoming first-year students at Charter College, 93% of first-year full-time students received aid of some kind some 579 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $7,722 |
| Institutional grants & scholarships | 2% | $6,328 |
| Federal Pell grants | 73% | $6,908 |
| State/local grants | 18% | $3,610 |
| Federal student loans | 86% | $9,819 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Charter College, about 65% of undergraduates were awarded an average grant or scholarship of $6,206 (among about 1471 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $6,206 |
| Federal Pell grants | 57% | $5,489 |
| Federal student loans | 67% | $8,518 |
Title-IV recipients living on campus saw average grant aid of $6,484.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,012 |
| $30,001 – $75,000 | $24,843 |
| Over $75,000 | $29,890 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $34,860 |
| Off-campus title-IV students | $25,225 |
To get a personalized net price estimate, try Charter College’s net price calculator: chartercollege.edu/financial-aid/.
The middle student in the debt distribution at Charter College owes $11,884 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,884 |
| Median federal debt (graduates only) | $14,176 |
| Typical 10-year monthly payment (graduates) | $150.29/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Charter College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,334 |
| 75th percentile | $14,875 |
| 90th percentile (highest-debt students) | $18,812 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,051 |
| Middle income | $12,000 |
| High income | $9,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,668 |
| Continuing-generation students | $12,667 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $13,227 |
The figure below distills the debt data into a single burden category for Charter College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Charter College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 26080 |
| Total Stafford loan amount | $357,981,158 |
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 | 213 |
| Total GI Bill amount | $3,001,692 |
| Average GI Bill amount per recipient | $14,092 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.