by our College Data Analytics TeamThe majority of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Cleary University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Cleary College offer, and what will you qualify for? Read on for more information. Read on to find out just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Cleary University.
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.
Among first-time, full-time freshmen at Cleary University, 99% of first-year full-time students received aid of some kind some 81 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $16,150 |
| Institutional grants & scholarships | 99% | $11,187 |
| Federal Pell grants | 29% | $5,946 |
| State/local grants | 45% | $6,830 |
| Federal student loans | 56% | $4,830 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, approximately 93% of undergraduates were awarded an average grant or scholarship of $13,778 (covering around 755 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $13,778 |
| Federal Pell grants | 30% | $5,265 |
| Federal student loans | 54% | $6,155 |
On-campus students receiving title-IV aid were awarded grants averaging $17,575.
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 | $16,973 |
| $30,001 – $75,000 | $20,708 |
| Over $75,000 | $23,923 |
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 | $22,143 |
| Off-campus title-IV students | $21,019 |
To project your own net price, use Cleary College’s net price calculator: www.cleary.edu/admissions/financial-aid/net-price-calculator/.
Graduating students at Cleary College carry a median federal student debt of $12,469 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,469 |
| Median federal debt (graduates only) | $19,500 |
| Typical 10-year monthly payment (graduates) | $206.73/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Cleary College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,250 |
| 75th percentile | $26,832 |
| 90th percentile (highest-debt students) | $40,875 |
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 | $12,355 |
| Middle income | $13,128 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,128 |
| Continuing-generation students | $11,550 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $14,533 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Cleary College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Cleary College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3383 |
| Total Stafford loan amount | $70,608,482 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 45 |
| Total GI Bill amount | $331,800 |
| Average GI Bill amount per recipient | $7,373 |
References
More about our data sources and methodologies.