by our College Data Analytics TeamMost 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 total cost of going to City Colleges of Chicago-Harry S Truman College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial assistance solutions will Harry S Truman College provide, and just what are you going to be eligible for? Read on for answers. Keep going to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at City Colleges of Chicago-Harry S Truman College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at City Colleges of Chicago-Harry S Truman College, 80% of first-time, full-time freshmen received some form of financial aid around 275 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $6,623 |
| Institutional grants & scholarships | 15% | $2,049 |
| Federal Pell grants | 70% | $5,689 |
| State/local grants | 56% | $1,665 |
| Federal student loans | 0% | $7,720 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 21% of undergraduates were awarded an average grant or scholarship of $5,536 (across roughly 1328 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 21% | $5,536 |
| Federal Pell grants | 19% | $4,645 |
| Federal student loans | 1% | $6,433 |
For students living on campus and receiving title-IV aid, grants averaged $7,200.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,408 |
| $30,001 – $75,000 | $4,647 |
| Over $75,000 | $8,019 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $7,863 |
| Off-campus title-IV students | $3,816 |
To project your own net price, use Harry S Truman College’s official net price calculator: www.ccc.edu/truman/services/find-out-how-much-college-will-cost/.
The middle student in the debt distribution at Harry S Truman College owes $5,524 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,524 |
| Median federal debt (graduates only) | $6,997 |
| Typical 10-year monthly payment (graduates) | $74.18/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Harry S Truman College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,601 |
| 75th percentile | $9,147 |
| 90th percentile (highest-debt students) | $15,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,360 |
| Middle income | $5,981 |
| High income | $5,658 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $4,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,385 |
| Independent students | $6,690 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Harry S Truman College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Harry S Truman College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3229 |
| Total Stafford loan amount | $25,710,774 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 55 |
| Total GI Bill amount | $46,643 |
| Average GI Bill amount per recipient | $848 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.