by our College Data Analytics TeamMost students are not billed 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 sum total of attendance at Concorde Career College-Aurora can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial aid options can Concorde Career College - Aurora offer you, and what will you qualify for? Keep reading for more information. Scroll down to learn 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Concorde Career College-Aurora.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Concorde Career College-Aurora, 93% of entering full-time freshmen got some type of financial assistance roughly 292 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $6,524 |
| Institutional grants & scholarships | 50% | $1,933 |
| Federal Pell grants | 72% | $5,194 |
| State/local grants | 32% | $2,066 |
| Federal student loans | 74% | $6,587 |
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, roughly 74% of the undergraduate population received grant aid that averaged $6,317 (covering around 552 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $6,317 |
| Federal Pell grants | 60% | $5,189 |
| Federal student loans | 74% | $7,293 |
For on-campus title-IV students, average grant aid came to $6,031.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,070 |
| $30,001 – $75,000 | $17,166 |
| Over $75,000 | $19,297 |
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 | $16,666 |
| Off-campus title-IV students | $17,935 |
To project your own net price, use Concorde Career College - Aurora’s official net price calculator: enroll.myconcorde.edu/Npc.
Graduating students at Concorde Career College - Aurora carry a median federal student debt of $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Concorde Career College - Aurora.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,748 |
| 25th percentile | $6,003 |
| 75th percentile | $15,327 |
| 90th percentile (highest-debt students) | $20,892 |
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 | $9,500 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $13,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Concorde Career College - Aurora.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Concorde Career College - Aurora:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13511 |
| Total Stafford loan amount | $146,301,109 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 73 |
| Total GI Bill amount | $1,080,165 |
| Average GI Bill amount per recipient | $14,797 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $7,948 |
| Average DoD amount per recipient | $3,974 |
References
More about our data sources and methodologies.