The Chicago School of Professional Psychology Cost Estimate 2015

Quick Facts:
Graduation Rate
Cost Estimates for 2016-2017
Undergrad Programs
Tuition and Fees (two semesters)……………………...…………..
Living Expenses (rent, utilities, bills) ..…………………………….
Books ……………...………………………………………………..
Travel ………………………………………………………………..
$28,428 /yr.
$9,960
$15,408
$1,791
$1,269
Graduate Program
Tuition and Fees (two semesters)……………………...…………..
Living Expenses (rent, utilities, bills) ..…………………………….
Books ……………...………………………………………………...
Travel ………………………………………………………………..
Percentage of full-time
students who graduate
within expected timeframe
for their program
65.3 %
65.3%
Low
$41,473/yr.
$21,700
$16,768
$1,736
$1,269
Medium
High
Loan Default Rate
Percentage of borrowers entering
repayment and defaulting on their
loan
Options to pay net costs
Work Options
11.3%
Federal or Institutional Work-Study ..………………………… $6,000 -10,000 /yr.
Loan Options
TCSPP
Federal Direct Subsidized Loan (undergrad) ..…………$5,500 /yr.*
Federal Direct Unsubsidized Loan (undergrad) ..……… $7,000 /yr
Federal Direct Unsubsidized Loan (grad) ..……………$20,500 /yr.
Federal Direct PLUS Loan ……..……… Up to Costs Minus any other awards
•
* undergraduate students only
Other Options
•
•
•
•
2.5%
Military and/or National Service benefits
Pacific Oaks scholarships
Non-Federal private education loan
Outside Scholarships
To determine your military educational benefits, Contact the Department of
Veterans Affairs at 1-888-GIBILL1(442-4551). Information is also available on
the GI Bill website. TCSPP does not determine eligibility for students. Once
approved, you will receive a Certificate of Eligibility from the VA.
National Average
Median Borrowing
Students at TCSPP typically
borrow $30,930 in
Federal loans over 2 years.
The Federal loan payment for a
Standard Repayment Plan(10 years
for this amount is approximately
$350 per month. Your borrowing
may be different.
Repaying your Loans
To learn about loan repayment
choices and work out your Federal
Loan monthly payment, go to:
http://studentaid.ed.gov/repayloans/understand/plans
For more information, please contact the Financial Aid Office at
1-800-684-2890 option 1 or [email protected]