by our College Data Analytics TeamThe majority 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 sum total of attendance at Remington College-Cleveland Campus can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Remington College - Cleveland Campus deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see how much school funding could 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 Remington College-Cleveland Campus.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Remington College-Cleveland Campus, 92% of first-year full-time students received aid of some kind (about 45 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $5,580 |
| Institutional grants & scholarships | 57% | $859 |
| Federal Pell grants | 92% | $5,046 |
| State/local grants | 0% | — |
| Federal student loans | 78% | $6,605 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, approximately 69% of undergraduates were awarded an average grant or scholarship of $4,898 (across roughly 92 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $4,898 |
| Federal Pell grants | 68% | $4,677 |
| Federal student loans | 41% | $6,689 |
For on-campus title-IV students, average grant aid came to $5,580.
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 | $22,065 |
| $30,001 – $75,000 | $21,801 |
| Over $75,000 | $27,834 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,687 |
| Off-campus title-IV students | $22,254 |
To get a personalized net price estimate, try Remington College - Cleveland Campus’s NPC: www.remingtoncollege.edu/net-price/.
The median student at Remington College - Cleveland Campus graduates with $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $13,271 |
| Typical 10-year monthly payment (graduates) | $140.69/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Remington College - Cleveland Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $4,923 |
| 75th percentile | $14,120 |
| 90th percentile (highest-debt students) | $20,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| 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 | $9,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Remington College - Cleveland Campus.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Remington College - Cleveland Campus:
| Metric | Value |
|---|---|
| Stafford loan recipients | 105493 |
| Total Stafford loan amount | $1,329,986,628 |
References
More about our data sources and methodologies.