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The Chicago School of Professional Psychology Financial Aid and Scholarships

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Financial Aid Official Website

www.thechicagoschool.edu/admissions/financial-aid/

When it comes to being a helping hand in the financial aspects, TCSPP steps in to help you find the perfect financial aid that you could avail. Scholarships, grants, fellowships and student loans are the main forms of The Chicago School of Professional Psychology  financial aid at the institute. The scholarships are provided not only based on your financial need but also merit and community service. The aids are elaborated in the section below.

Institutional Scholarships

TCSPP does provide a good number of scholarships to choose from. Few of the institutional scholarships are listed below for your convenience.

  • The freshmen students are eligible for the Dean’s Scholarships which are offered to the students based on consistent endeavour towards academics and other educational achievements. The scholarship amounts to $5,000.

  • The Global Impact Scholarships are given to the students who are shortlisted on the basis of their essay. An amount of $1,000 is given to the recipients.

  • The Merit Scholarships, as the name suggests is completely centred around academic excellence. There is a mandatory GPA score that you need to get in order to avail this scholarship. Moreover, this scholarship gives quite a good sum of up to $10,000.

  • On the basis of community service and dedication, the Chicago School of Professional Psychology students might also be eligible for the President’s Scholarship up to an amount of $7,000.

  • Other scholarships such as the Ricardo Grunsten Scholarship and the Theodore Weber Scholarships are offered to the eligible candidates of an amount of $2,500 and $1,500 respectively.

Grants

  • The Federal Pell Grant is offered to the undergraduate students on the sole criteria of existence of a financial need.

  • The FSEOG program is on the other hand provided only in case of exceptional financial needs of the students based on their family’s contribution towards funding their education. The federal grants can range between $100 - $4,000.

  • The Cal Grants are basically state grants which are also for the undergraduate students only based on their academic merit such as SAT or ACT scores. Filling up the FAFSA is essential in this case.

  • Institutional grants such as the International Student Grant and many others are also provided from the Chicago School Funds.

  • The Fellowship Grants are given to the recipient after the completion of the formal application process.

Student Loans for The Chicago School of Professional Psychology

Average Loan Amount Average Loan Amount received per year.

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Students Taking Out Loans

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Loan Default Rate

4.3%

Both the Federal Subsidised and Unsubsidised loans are available to you. The interest rate for Unsubsidised loan is 6.8%. Apart from that, the Grad PLUS Loan can be a good option if you want to apply for a student loan and it comes with a 7.9% interest rate. Students also apply for third party loans and private lenders and they are free to do so after scrutinising their credibility. The default rate in general for the Chicago School of Professional Psychology student loans are at just 4.3%.

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