The majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Interested in understanding the financial aid resources available at Chatham and your eligibility? Find the answers you seek below.
$24,740.00 is the typical Chatham University’s first year financial aid package. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Chatham University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The stats below refer to aid that is provided by Chatham University.
100% of new students (314 total) were given scholarships at Chatham University, averaging $21,204.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 31% of first-year students (97 total) got a federal grant, for about $4,539.00 per person.
Amount of Financial Assistance Per Income Level
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 10.19% | $32,620.00 |
Income 30k-48k | 9.55% | $29,903.00 |
Income 48k-75k | 17.52% | $27,664.00 |
Income 75k-110k | 20.38% | $24,058.00 |
Income 110k + | 34.71% | $20,991.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 314 undergraduate students at Chatham University around 100% (314 total) receive some form of grant aid. The typical amount awarded was $24,740.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.