by our College Data Analytics TeamA lot of students are not billed 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 price tag of going to Culinary Institute of America can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can The Culinary Institute of America deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Culinary Institute of America.
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.
For freshmen starting at Culinary Institute of America, 100% of first-year full-time students received aid of some kind around 677 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $19,350 |
| Institutional grants & scholarships | 99% | $16,706 |
| Federal Pell grants | 34% | $6,654 |
| State/local grants | 5% | $6,192 |
| Federal student loans | 60% | $6,228 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, some 91% of undergraduates were awarded an average grant or scholarship of $18,576 (covering around 2717 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $18,576 |
| Federal Pell grants | 29% | $5,904 |
| Federal student loans | 53% | $6,990 |
On-campus students receiving title-IV aid were awarded grants averaging $22,677.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $27,192 |
| $30,001 – $75,000 | $29,802 |
| Over $75,000 | $35,885 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $36,113 |
| Off-campus title-IV students | $31,864 |
For an estimate tailored to your family circumstances, see The Culinary Institute of America’s net price tool: ciachef.clearcostcalculator.com/student/default/netpricecalculator/survey.
The median federal debt load at The Culinary Institute of America comes to $12,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $15,750 |
| Typical 10-year monthly payment (graduates) | $166.98/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at The Culinary Institute of America.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,500 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $27,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $11,500 |
| Middle income | $11,798 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $12,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,523 |
| Independent students | $14,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. The Culinary Institute of America.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at The Culinary Institute of America:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14783 |
| Total Stafford loan amount | $192,952,284 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 226 |
| Total GI Bill amount | $6,412,865 |
| Average GI Bill amount per recipient | $28,376 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.