Many students are not billed 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 Cheyney University of Pennsylvania can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does Cheyney University of Pennsylvania offer you, and what will you qualify for? Keep scrolling for more information. Keep going to find out just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Cheyney University of Pennsylvania.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Cheyney University of Pennsylvania, 97% of first-year full-time students received aid of some kind some 209 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $12,290 |
| Institutional grants & scholarships | 43% | $3,770 |
| Federal Pell grants | 77% | $5,917 |
| State/local grants | 63% | $8,311 |
| Federal student loans | 63% | $5,865 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Cheyney University of Pennsylvania, around 90% of undergraduates were awarded an average grant or scholarship of $13,124 (among about 653 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $13,124 |
| Federal Pell grants | 66% | $5,747 |
| Federal student loans | 58% | $6,703 |
On-campus students receiving title-IV aid were awarded grants averaging $12,517.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,874 |
| $30,001 – $75,000 | $8,536 |
| Over $75,000 | $18,471 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $14,265 |
| Off-campus title-IV students | $9,837 |
For a personalized estimate based on your family’s financial situation, use Cheyney University of Pennsylvania’s official net price calculator: www.passhe.edu/answers/Calculator/CH/npcalc-211608.htm.
The median student at Cheyney University of Pennsylvania graduates with $13,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,000 |
| Median federal debt (graduates only) | $21,785 |
| Typical 10-year monthly payment (graduates) | $230.96/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Cheyney University of Pennsylvania.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,250 |
| 25th percentile | $9,500 |
| 75th percentile | $34,705 |
| 90th percentile (highest-debt students) | $43,680 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $15,125 |
| Middle income | $13,250 |
| High income | $6,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,375 |
| Continuing-generation students | $10,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $19,500 |
A handful of calculated indicators summarize the debt outlook at Cheyney University of Pennsylvania.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Cheyney University of Pennsylvania:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9274 |
| Total Stafford loan amount | $225,047,072 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.