A large number of students will not be asked to pay 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 sum total of attendance at The College of Health Care Professions-Dallas can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can CHCP - Dallas offer, and what will you qualify for? Keep reading for more information. Read on to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from The College of Health Care Professions-Dallas.
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 The College of Health Care Professions-Dallas, 93% of entering full-time freshmen got some type of financial assistance some 421 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $5,491 |
| Institutional grants & scholarships | 26% | $230 |
| Federal Pell grants | 84% | $5,508 |
| State/local grants | 0% | — |
| Federal student loans | 82% | $6,455 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At CHCP - Dallas, roughly 74% of undergraduates were awarded an average grant or scholarship of $4,951 (across approximately 769 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $4,951 |
| Federal Pell grants | 69% | $5,092 |
| Federal student loans | 72% | $6,038 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,225.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,979 |
| $30,001 – $75,000 | $26,583 |
| Over $75,000 | $29,969 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $27,411 |
| Off-campus title-IV students | $26,236 |
To project your own net price, use CHCP - Dallas’s net price calculator: www.chcp.edu/npcalc/npcalc.htm.
Graduating students at CHCP - Dallas carry a median federal student debt of $9,096 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,096 |
| Median federal debt (graduates only) | $9,120 |
| Typical 10-year monthly payment (graduates) | $96.69/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 CHCP - Dallas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,656 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $16,500 |
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 | $9,097 |
| Middle income | $9,103 |
| High income | $5,689 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,074 |
| Continuing-generation students | $9,104 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,104 |
A handful of calculated indicators summarize the debt outlook at CHCP - Dallas.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at CHCP - Dallas:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5295 |
| Total Stafford loan amount | $45,151,759 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $306,347 |
| Average GI Bill amount per recipient | $10,564 |
References
More about our data sources and methodologies.