by our College Data Analytics TeamMany students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Chestnut Hill College can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will CHC provide, and just what are you going to be eligible for? Read on for answers. Keep reading to see 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 Chestnut Hill College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Chestnut Hill College, 100% of entering full-time freshmen got some type of financial assistance some 173 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $29,590 |
| Institutional grants & scholarships | 99% | $24,632 |
| Federal Pell grants | 56% | $5,832 |
| State/local grants | 35% | $4,639 |
| Federal student loans | 83% | $5,542 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at CHC, roughly 96% of the undergraduate population received grant aid that averaged $26,007 (across approximately 855 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $26,007 |
| Federal Pell grants | 52% | $5,673 |
| Federal student loans | 78% | $6,980 |
Title-IV recipients living on campus saw average grant aid of $30,198.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $28,628 |
| $30,001 – $75,000 | $27,226 |
| Over $75,000 | $32,981 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,970 |
| Off-campus title-IV students | $29,944 |
For a personalized estimate based on your family’s financial situation, use CHC’s NPC: admissions.chc.edu/register/net_price.
The median student at CHC graduates with $20,782 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,782 |
| Median federal debt (graduates only) | $26,389 |
| Typical 10-year monthly payment (graduates) | $279.77/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 percentiles below describe the cumulative federal debt distribution for borrowers at CHC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,000 |
| 25th percentile | $10,159 |
| 75th percentile | $28,665 |
| 90th percentile (highest-debt students) | $38,833 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $21,512 |
| Middle income | $19,500 |
| High income | $19,792 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,500 |
| Continuing-generation students | $21,728 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,300 |
| Independent students | $23,897 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. CHC.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at CHC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9541 |
| Total Stafford loan amount | $298,678,720 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $119,452 |
| Average GI Bill amount per recipient | $17,065 |
References
More about our data sources and methodologies.