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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $4,757 |
| Institutional grants & scholarships | 44% | $1,577 |
| Federal Pell grants | 39% | $5,178 |
| State/local grants | 22% | $2,003 |
| Federal student loans | 0% | — |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $2,977 |
| Federal Pell grants | 23% | $3,849 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $5,645.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average 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.
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 | $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.
The figure below distills the debt data into a single burden category for Chesapeake College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Chesapeake College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12 |
| Total Stafford loan amount | $50,080 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 34 |
| Total GI Bill amount | $99,167 |
| Average GI Bill amount per recipient | $2,917 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.