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 total price of attendance at DeVry University-Illinois can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can DeVry University - Illinois offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to find out how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from DeVry University-Illinois.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At DeVry University-Illinois, 98% of first-time, full-time freshmen received some form of financial aid around 1076 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $7,810 |
| Institutional grants & scholarships | 83% | $2,491 |
| Federal Pell grants | 85% | $6,157 |
| State/local grants | 4% | $5,910 |
| Federal student loans | 85% | $7,513 |
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, around 92% of undergrads got grants or scholarships worth on average $5,582 (among about 23992 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $5,582 |
| Federal Pell grants | 68% | $4,622 |
| Federal student loans | 81% | $7,097 |
On-campus students receiving title-IV aid were awarded grants averaging $7,890.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $30,333 |
| $30,001 – $75,000 | $31,216 |
| Over $75,000 | $34,424 |
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 | $30,770 |
| Off-campus title-IV students | $30,878 |
For a customized cost estimate, visit DeVry University - Illinois’s official net price calculator: my.devry.edu/npc.
The middle student in the debt distribution at DeVry University - Illinois owes $12,805 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,805 |
| Median federal debt (graduates only) | $24,807 |
| Typical 10-year monthly payment (graduates) | $263.0/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly 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 DeVry University - Illinois.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,677 |
| 25th percentile | $5,914 |
| 75th percentile | $37,954 |
| 90th percentile (highest-debt students) | $52,450 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $11,756 |
| Middle income | $14,317 |
| High income | $14,750 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,594 |
| Continuing-generation students | $13,904 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,895 |
| Independent students | $12,955 |
A handful of calculated indicators summarize the debt outlook at DeVry University - Illinois.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at DeVry University - Illinois:
| Metric | Value |
|---|---|
| Stafford loan recipients | 421315 |
| Total Stafford loan amount | $12,681,164,934 |
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 | 2545 |
| Total GI Bill amount | $18,497,425 |
| Average GI Bill amount per recipient | $7,268 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 352 |
| Total DoD amount | $760,400 |
| Average DoD amount per recipient | $2,160 |
References
More about our data sources and methodologies.