by our College Data Analytics TeamA lot of students will not be asked to pay 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 cost of going to Concorde Career College-Memphis can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Concorde Career College - Memphis offer, and what will you qualify for? Read on for more information. Read on to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Concorde Career College-Memphis.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Concorde Career College-Memphis, 92% of entering full-time freshmen got some type of financial assistance around 1280 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,427 |
| Institutional grants & scholarships | 1% | $1,166 |
| Federal Pell grants | 82% | $5,194 |
| State/local grants | 6% | $1,756 |
| Federal student loans | 79% | $7,112 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Concorde Career College - Memphis, around 83% of undergraduates were awarded an average grant or scholarship of $5,277 (across approximately 1385 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,277 |
| Federal Pell grants | 82% | $5,006 |
| Federal student loans | 80% | $6,887 |
Title-IV recipients living on campus saw average grant aid of $4,788.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,357 |
| $30,001 – $75,000 | $21,521 |
| Over $75,000 | $26,384 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $24,563 |
| Off-campus title-IV students | $21,470 |
For an estimate tailored to your family circumstances, see Concorde Career College - Memphis’s net price tool: enroll.myconcorde.edu/Npc.
A typical borrower at Concorde Career College - Memphis leaves with $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.
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 Concorde Career College - Memphis.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,000 |
| 75th percentile | $11,113 |
| 90th percentile (highest-debt students) | $21,094 |
Median debt varies by family income, by first-generation status, and by dependency status.
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 | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,749 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Concorde Career College - Memphis.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Concorde Career College - Memphis:
| Metric | Value |
|---|---|
| Stafford loan recipients | 20337 |
| Total Stafford loan amount | $202,586,817 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 66 |
| Total GI Bill amount | $868,697 |
| Average GI Bill amount per recipient | $13,162 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.