by our College Data Analytics TeamA large number of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Concordia University-Chicago can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Concordia University, Chicago deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Concordia University-Chicago.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Concordia University-Chicago, 97% of entering full-time freshmen got some type of financial assistance roughly 311 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $26,361 |
| Institutional grants & scholarships | 95% | $19,951 |
| Federal Pell grants | 57% | $5,583 |
| State/local grants | 45% | $7,611 |
| Federal student loans | 67% | $5,031 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, roughly 79% of the undergraduate population received grant aid that averaged $22,929 (across roughly 1085 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $22,929 |
| Federal Pell grants | 46% | $5,459 |
| Federal student loans | 57% | $6,581 |
On-campus students receiving title-IV aid were awarded grants averaging $26,947.
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 | $13,750 |
| $30,001 – $75,000 | $15,529 |
| Over $75,000 | $21,604 |
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 | $18,436 |
| Off-campus title-IV students | $16,774 |
To get a personalized net price estimate, try Concordia University, Chicago’s NPC: www.cuchicago.edu/admission-aid/undergraduate-admission-aid/net-price-calculator/.
The middle student in the debt distribution at Concordia University, Chicago owes $14,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,000 |
| Median federal debt (graduates only) | $23,000 |
| Typical 10-year monthly payment (graduates) | $243.84/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Concordia University, Chicago.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $7,250 |
| 75th percentile | $25,961 |
| 90th percentile (highest-debt students) | $31,268 |
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 | $12,500 |
| Middle income | $14,250 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,000 |
| Continuing-generation students | $14,232 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $18,622 |
The figure below distills the debt data into a single burden category for Concordia University, Chicago.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Concordia University, Chicago:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19579 |
| Total Stafford loan amount | $470,575,773 |
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 | 91 |
| Total GI Bill amount | $667,831 |
| Average GI Bill amount per recipient | $7,339 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 23 |
| Total DoD amount | $47,818 |
| Average DoD amount per recipient | $2,079 |
References
More about our data sources and methodologies.