by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Institute of Culinary Education can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Institute of Culinary Education - Los Angeles offer, and what will you qualify for? Read on for more information. Keep going to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Institute of Culinary Education.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Institute of Culinary Education, 76% of first-time, full-time freshmen received some form of financial aid approximately 38 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $6,751 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 46% | $6,588 |
| State/local grants | 0% | — |
| Federal student loans | 66% | $7,343 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 30% of undergraduate students received gift aid averaging $4,577 (across approximately 236 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 30% | $4,577 |
| Federal Pell grants | 29% | $4,044 |
| Federal student loans | 45% | $4,935 |
Graduating students at Institute of Culinary Education - Los Angeles carry a median federal student debt of $3,972 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,972 |
| Median federal debt (graduates only) | $6,439 |
| Typical 10-year monthly payment (graduates) | $68.26/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Institute of Culinary Education - Los Angeles.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,728 |
| 25th percentile | $3,972 |
| 75th percentile | $6,861 |
| 90th percentile (highest-debt students) | $6,861 |
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 | $6,439 |
| Middle income | $3,972 |
| High income | $3,924 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,426 |
| Continuing-generation students | $3,972 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,915 |
| Independent students | $6,671 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Institute of Culinary Education - Los Angeles.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Institute of Culinary Education - Los Angeles:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2784 |
| Total Stafford loan amount | $13,157,097 |
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 | 82 |
| Total GI Bill amount | $1,270,788 |
| Average GI Bill amount per recipient | $15,497 |
References
More about our data sources and methodologies.