Standard Chesapeake College Financial Aid Package
$9,374 is the average Chesapeake College's first year financial aid package. Approximately 64.0% of new students get some kind of financial aid, the majority of which is loans.
Financial aid helps decrease the cost, or the "sticker" price of the institution. However, bear in mind that the only true college discount are scholarships & grants.
We feel that loan debt really should be considered to be an "outcome" instead of "aid". Find more about student loan debt at Chesapeake College.
How Much Aid Is Available That Is Not Loans?
These scholarships and grants are made up of mostly federally provided grants, as well as some local and state grants. 43.0% of freshman students at Chesapeake College (111 total) got a federal grant, averaging $4,514. In addition to grants, 41.0% of freshman students (105 total) received scholarships by the college, totaling $1,198 each.
How are grants and scholarships distributed to freshmen at Chesapeake College? See the chart listed below.
Scholarships are merit-based, while grants are need based.
Amount of Financial Aid Per Family Income
Learn how much grant and scholarship aid you may expect to obtain according to your earnings. The chart following shows freshmen obtaining Title IV assistance including PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.2% | $5,818 |
| Income 30k-48k | 12.0% | $5,142 |
| Income 48k-75k | 4.3% | $3,914 |
| Income 75k-110k | 1.6% | $1,582 |
| Income 110k + | 0.0% | N/A |
The table above shows undergrads who are obtaining Title IV aid which is federal aid from the government including grants, loans, and work-study. Learn more.
Grants & Scholarships for All Students Average $3,245
Of the 2,189 undergraduates at Chesapeake College around 47.0% (1,029 in total) receive some sort of grant aid. The standard amount granted was $3,245. The most of which are in the form of Pell Grants.
Go to the Tuition and Fees page or the Cost Per Credit Hour page for more info.
Financial Aid Links from Chesapeake College
| Financial Aid Department Website | https://www.chesapeake.edu/financial-aid |
| Net Price Calculator | https://www.chesapeake.edu/sites/default/files/net-calc.html |
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