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 total cost of going to Cleveland State University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Cleveland State University deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Cleveland State University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Cleveland State University, 90% of first-year full-time students received aid of some kind (about 1411 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $9,795 |
| Institutional grants & scholarships | 70% | $6,267 |
| Federal Pell grants | 49% | $6,074 |
| State/local grants | 44% | $2,961 |
| Federal student loans | 50% | $5,104 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 70% of undergraduates were awarded grant or scholarship aid averaging $9,231 (for some 6609 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $9,231 |
| Federal Pell grants | 41% | $5,719 |
| Federal student loans | 74% | $7,565 |
Title-IV recipients living on campus saw average grant aid of $12,395.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,442 |
| $30,001 – $75,000 | $15,304 |
| Over $75,000 | $21,041 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,764 |
| Off-campus title-IV students | $16,065 |
To get a personalized net price estimate, try Cleveland State University’s official net price calculator: www.csuohio.edu/financial-aid/net-price-calculator.
A typical borrower at Cleveland State University leaves with $15,333 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,333 |
| Median federal debt (graduates only) | $21,797 |
| Typical 10-year monthly payment (graduates) | $231.08/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Cleveland State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,343 |
| 25th percentile | $6,000 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $38,250 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,000 |
| Middle income | $15,000 |
| High income | $14,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,417 |
| Continuing-generation students | $13,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,297 |
| Independent students | $19,557 |
A handful of calculated indicators summarize the debt outlook at Cleveland State University.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Cleveland State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 61355 |
| Total Stafford loan amount | $1,794,614,932 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 184 |
| Total GI Bill amount | $1,789,052 |
| Average GI Bill amount per recipient | $9,723 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 25 |
| Total DoD amount | $95,131 |
| Average DoD amount per recipient | $3,805 |
References
More about our data sources and methodologies.