by our College Data Analytics TeamA large number of 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 City Colleges of Chicago-Olive-Harvey College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financing options does Olive-Harvey College offer, and what will you qualify for? Keep scrolling for more information. Keep going to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at City Colleges of Chicago-Olive-Harvey 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.
Looking at the entering class at City Colleges of Chicago-Olive-Harvey College, 80% of first-year full-time students received aid of some kind roughly 160 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $6,505 |
| Institutional grants & scholarships | 14% | $1,926 |
| Federal Pell grants | 68% | $5,744 |
| State/local grants | 53% | $1,629 |
| Federal student loans | 3% | $4,567 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, some 36% of undergraduates were awarded an average grant or scholarship of $5,651 (covering around 995 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $5,651 |
| Federal Pell grants | 33% | $4,688 |
| Federal student loans | 3% | $6,030 |
For students living on campus and receiving title-IV aid, grants averaged $7,088.
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 | $5,464 |
| $30,001 – $75,000 | $6,011 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,038 |
| Off-campus title-IV students | $5,749 |
For an estimate tailored to your family circumstances, see Olive-Harvey College’s net price calculator: apps.ccc.edu/netpricecalc/oh/npcalc.htm.
The middle student in the debt distribution at Olive-Harvey College owes $5,250 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,250 |
| Median federal debt (graduates only) | $7,646 |
| Typical 10-year monthly payment (graduates) | $81.06/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Olive-Harvey College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,597 |
| 25th percentile | $2,353 |
| 75th percentile | $8,000 |
| 90th percentile (highest-debt students) | $14,357 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,502 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,276 |
| Continuing-generation students | $4,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $6,783 |
The figure below distills the debt data into a single burden category for Olive-Harvey College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Olive-Harvey College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3673 |
| Total Stafford loan amount | $31,359,249 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 65 |
| Total GI Bill amount | $49,533 |
| Average GI Bill amount per recipient | $762 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.