by our College Data Analytics TeamA lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Chatham University can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will Chatham offer you, and what will you qualify for? Read on for more information. Scroll down 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. Read on to get a sense of the financial assistance available at Chatham University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Chatham University, 100% of first-year full-time students received aid of some kind some 331 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $30,095 |
| Institutional grants & scholarships | 100% | $27,061 |
| Federal Pell grants | 26% | $5,978 |
| State/local grants | 30% | $4,579 |
| Federal student loans | 66% | $5,322 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 82% of undergraduates were awarded grant or scholarship aid averaging $27,622 (across roughly 1235 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $27,622 |
| Federal Pell grants | 22% | $5,495 |
| Federal student loans | 53% | $6,551 |
For on-campus title-IV students, average grant aid came to $31,307.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,754 |
| $30,001 – $75,000 | $21,905 |
| Over $75,000 | $27,450 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,954 |
| Off-campus title-IV students | $25,717 |
For an estimate tailored to your family circumstances, see Chatham’s NPC: [tcc.ruffalonl.com/Chatham University/First-Year Students](https://tcc.ruffalonl.com/Chatham University/First-Year Students).
The middle student in the debt distribution at Chatham owes $18,326 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,326 |
| Median federal debt (graduates only) | $23,250 |
| Typical 10-year monthly payment (graduates) | $246.49/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Chatham.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $6,250 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $31,000 |
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 | $16,750 |
| Middle income | $18,750 |
| High income | $19,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,500 |
| Continuing-generation students | $17,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,563 |
| Independent students | $16,750 |
A handful of calculated indicators summarize the debt outlook at Chatham.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Chatham:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9591 |
| Total Stafford loan amount | $324,111,389 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 40 |
| Total GI Bill amount | $524,527 |
| Average GI Bill amount per recipient | $13,113 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $11,750 |
| Average DoD amount per recipient | $2,938 |
References
More about our data sources and methodologies.