Annual Costs

Undergraduate Tuition

Tuition for Centura College Chesapeake is $16,500 for the 2017/2018 academic year. This is 19% more expensive than the national average private for-profit two year college tuition of $13,857. The cost is 102% more expensive than the average Virginia tuition of $8,174 for 2 year colleges. Tuition ranks 34th in Virginia amongst 2 year colleges for affordability and is the 4th most expensive 2 year college in the state. Price does not vary by residence.

The school charges an additional fees of $137 in addition to tuition bringing the total effective in-state tuition to $16,637.

Housing Costs

Centura College Chesapeake doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Chesapeake area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $7,350.

Books and Supplies

The estimated annual cost for books and supplies is $2,262.

Other Living Expenses

Off-campus students should budget for $6,517 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Centura College-Chesapeake was $32,766 for the 2017/2018 academic year. The cost is the same for all students regardless of Virginia residence status as there is no in-state discount. Students residing at home with parents providing food and housing can expect a total cost of $23,267.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Centura College Chesapeake and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Centura College Chesapeake
Estimated Budgets
Virginia Resident Total Budget (Living Off Campus)$32,766
   In-State Tuition$16,500
   Other Fees$137
   Off-Campus Housing Budget$7,350
   Off-Campus Other Budget$6,517
   Books and Supplies$2,262
Virginia Resident Total Budget (Living with Parents)$23,267
   In-State Tuition$16,500
   Other Fees$137
   Family Provided Room and Board$0
   With-Family Other Living Budget$4,368
   Books and Supplies$2,262
Non-Resident Total Budget (Living Off Campus)$32,766
   Out-of-State Tuition$16,500
   Other Fees$137
   Off-Campus Housing Budget$7,350
   Off-Campus Other Budget$6,517
   Books and Supplies$2,262


What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $32,766 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Centura College-Chesapeake net price for in-state students is $23,373* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

92% of Centura College Chesapeake students received grant aid in 2014/2015. The average total aid amount was $5,637. 92 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $5,164. To apply for a Pell Grant to attend Centura College Chesapeake, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Centura College Chesapeake
Financial Aid Summary
Average Annual Net Price$23,373*
Percent of Students Receiving Grant Aid92%
Average Total Grant Aid$5,637
Percent of Students Receiving Pell Grants92%
Average Amount of Pell Grant Aid$5,164

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$23,691
$30,001 to $48,000$23,218
$48,001 to $75,000n/a
$75,001 to $110,000n/a

Average Financial Aid Mix - $32,766 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $32,766. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.


Grants and Scholarships

 21% - $5,637

Money granted to you by the U.S. Department of Education, Centura College Chesapeake or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 53% - $13,905

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 26% -  $6,707

Covered by family savings, work or private student loans which you will have to repay.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. Centura College Chesapeake
Aviation Institute of Maintenance Chesapeake0.1% more expensive
Advanced Technology Institute20% less expensive
Fortis College Norfolk10.6% less expensive
Centura College Norfolk1.8% less expensive
Centura College Newport News4.5% less expensive

Cost of a Degree

Being a school offering two year programs, prospective students should consider the multi year outlay when budgeting the cost for two years at Centura College Chesapeake.

Estimated 2 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 2 year associate degree at Centura College-Chesapeake is $65,532 for students graduating in normal time. This methodology for estimating the 2 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $19,114 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $38,228**

**Based on a 2 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Centura College Chesapeake.

Virginia Resident Tuition Per Semester$8,250
Virginia Resident Total Cost Per Semester$16,383

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Centura College Chesapeake are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Centura College Chesapeake
Price per credit hour$525
Cost for one class (3 credit hours)$1,575
Cost for one class (4 credit hours)$2,100


Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 96% of Centura College Chesapeake students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $13,905.

Example Loan Payments and Costs

How much are student loan payments for Centura College Chesapeake? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $38,228, 100% of the estimated average net price for a two year program and paid nothing while enrolled. The total of all payments including interest would sum $47,432.18. This could be your effective total out of pocket cost of an education at Centura College Chesapeake. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 92% of students at this school who receive financial aid and you are paying an average annual net price of $19,114. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Centura College Chesapeake student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Centura College Chesapeake Student Loan Payments
Example Payments
Monthly Loan Payment$395.27
Amount Borrowed$38,228.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$9,204.18
Sum of All Payments over 10 years$47,432.18

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Centura College-Chesapeake? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Centura College Chesapeake, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $47,432.18 would be needed to afford a $395.27 monthly payment in the example $38,228.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Centura College Chesapeake in the future? In the past four years, this school's published in-state tuition and fee total rose from $14,700 to $16,500. This amounts to an average annual price increase of 2.4%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 2 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 2 year cost of $65,532.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Centura College Chesapeake.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$42,864$85,728
Estimated Cost in 10 years for students enrolling in 2029$54,707$109,413
Estimated Cost in 15 years for students enrolling in 2034 $69,821$139,642
Estimated Cost in 18 years for students enrolling in 2037 $80,827$161,653

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Centura College Chesapeake to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Medical/Clinical Assistant Associate's Degree 57 61% costlier
Massage Therapy/Therapeutic Massage Associate's Degree 24 57% costlier
Business Administration and Management, General Associate's Degree 16 52% costlier
Information Technology Associate's Degree 13 70% costlier
Legal Assistant/Paralegal Associate's Degree 9 62% costlier


Use the calculators below to formulate a college savings plan for Centura College Chesapeake or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Centura College Chesapeake in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Centura College Chesapeake student loan.

Prepayment Option

About Centura College Chesapeake

Centura College Chesapeake is a two year private college located in Chesapeake, Virginia.  Full time enrollment is 167 and part time is 47.  Centura College Chesapeake has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes.

Only undergraduate degrees are offered at this school.

Centura College Chesapeake
932 B Ventures Way
Chesapeake, Virginia

For Profit / Not For Profit Status

Centura College Chesapeake is a private, for profit school.

Centura College Chesapeake cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=420024 IPEDS survey data.