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Chesapeake College Financial Aid and Scholarship Details

74% Freshmen Get Financial Aid
$2,977 Average Grant & Scholarship
66% Undergrads Get Grant Aid

Most 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 total price of attendance at Chesapeake College can feel tremendous, but do not forget that almost all students receive some sort of financial help.

What financial aid options can Chesapeake College offer you, and what will you qualify for? Keep reading for more information. Scroll down to learn what amount of financial assistance will be accessible to you.

Why You Should Understand Chesapeake College Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Chesapeake College.

What First Years Receive at Chesapeake College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Among first-time, full-time freshmen at Chesapeake College, 74% of the incoming full-time class was awarded financial aid some 164 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)68%$4,757
Institutional grants & scholarships44%$1,577
Federal Pell grants39%$5,178
State/local grants22%$2,003
Federal student loans0%

Grant Aid for Undergraduates at Chesapeake College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 66% of undergraduate students received gift aid averaging $2,977 (across roughly 1310 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)66%$2,977
Federal Pell grants23%$3,849
Federal student loans0%

Title-IV recipients living on campus saw average grant aid of $5,645.

Aid by Income Level at Chesapeake College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$3,507
$30,001 – $75,000$4,769
Over $75,000$6,940

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Chesapeake College

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.

CohortAverage Net Price
On-campus title-IV students$5,106
Off-campus title-IV students$4,178

For an estimate tailored to your family circumstances, see Chesapeake College’s online cost calculator: www.chesapeake.edu/sites/default/files/net-calc2024.html.

Is the Debt Manageable?

The figure below distills the debt data into a single burden category for Chesapeake College.

Stafford Loan Activity at Chesapeake College

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Chesapeake College:

MetricValue
Stafford loan recipients12
Total Stafford loan amount$50,080

Military and Veterans Aid at Chesapeake College

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients34
Total GI Bill amount$99,167
Average GI Bill amount per recipient$2,917

DoD program volume

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

External Resources for Chesapeake College

References

More about our data sources and methodologies.

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