by our College Data Analytics TeamA large number of 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 City Colleges of Chicago-Malcolm X College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Malcolm X College deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from City Colleges of Chicago-Malcolm X College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at City Colleges of Chicago-Malcolm X College, 89% of first-time, full-time freshmen received some form of financial aid around 554 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $6,513 |
| Institutional grants & scholarships | 19% | $2,135 |
| Federal Pell grants | 76% | $5,511 |
| State/local grants | 68% | $1,718 |
| Federal student loans | 2% | $5,084 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Malcolm X College, some 46% of undergraduate students received gift aid averaging $5,282 (across roughly 3683 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $5,282 |
| Federal Pell grants | 42% | $4,239 |
| Federal student loans | 3% | $5,810 |
For students living on campus and receiving title-IV aid, grants averaged $7,135.
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 | $3,261 |
| $30,001 – $75,000 | $4,358 |
| Over $75,000 | $7,179 |
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 | $7,220 |
| Off-campus title-IV students | $3,729 |
To project your own net price, use Malcolm X College’s net price tool: www.ccc.edu/colleges/malcolm-x/services/Pages/Find-Out-How-Much-College-Will-Cost.aspx.
Graduating students at Malcolm X College carry a median federal student debt of $6,100 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,100 |
| Median federal debt (graduates only) | $8,375 |
| Typical 10-year monthly payment (graduates) | $88.79/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Malcolm X College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,250 |
| 75th percentile | $7,000 |
| 90th percentile (highest-debt students) | $11,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,000 |
| Middle income | $6,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,000 |
| Continuing-generation students | $6,465 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $7,150 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Malcolm X College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Malcolm X College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4471 |
| Total Stafford loan amount | $29,202,417 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 65 |
| Total GI Bill amount | $81,726 |
| Average GI Bill amount per recipient | $1,257 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 8 |
| Total DoD amount | $11,700 |
| Average DoD amount per recipient | $1,463 |
References
More about our data sources and methodologies.