by our College Data Analytics TeamMost 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 price tag of going to Chester Career College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does Richmond School of Health and Technology deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down 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. Read on to get a sense of the financial assistance available at Chester Career College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Chester Career College, 100% of entering full-time freshmen got some type of financial assistance around 70 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $8,180 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 96% | $8,209 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $7,909 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Richmond School of Health and Technology, approximately 59% of undergraduates were awarded grant or scholarship aid averaging $10,713 (for some 186 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $10,713 |
| Federal Pell grants | 54% | $11,006 |
| Federal student loans | 50% | $13,997 |
Title-IV recipients living on campus saw average grant aid of $5,486.
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 | $22,777 |
| $30,001 – $75,000 | $30,480 |
| Over $75,000 | $30,480 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $24,259 |
| Off-campus title-IV students | $18,831 |
To project your own net price, use Richmond School of Health and Technology’s NPC: chestercareercollege.edu/net-price-calculator.
Graduating students at Richmond School of Health and Technology carry a median federal student debt of $16,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,000 |
| Median federal debt (graduates only) | $19,879 |
| Typical 10-year monthly payment (graduates) | $210.75/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Richmond School of Health and Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,809 |
| 25th percentile | $4,750 |
| 75th percentile | $19,111 |
| 90th percentile (highest-debt students) | $20,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,908 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,254 |
| Independent students | $18,439 |
These indicators are derived from the underlying debt data and summarize the overall picture at Richmond School of Health and Technology.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Richmond School of Health and Technology:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3617 |
| Total Stafford loan amount | $37,287,622 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 19 |
| Total GI Bill amount | $108,031 |
| Average GI Bill amount per recipient | $5,686 |
References
More about our data sources and methodologies.