Many students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Auburn Career Center can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Auburn Career Center offer you, and what will you qualify for? Read on for more information. Scroll down to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Auburn Career Center.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Auburn Career Center, 37% of first-year full-time students received aid of some kind approximately 81 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 22% | $3,063 |
| Institutional grants & scholarships | 3% | $1,994 |
| Federal Pell grants | 13% | $3,994 |
| State/local grants | 7% | $1,754 |
| Federal student loans | 15% | $5,242 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Auburn Career Center, roughly 26% of undergraduate students received gift aid averaging $3,615 (among about 105 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 26% | $3,615 |
| Federal Pell grants | 14% | $5,215 |
| Federal student loans | 8% | $5,242 |
For on-campus title-IV students, average grant aid came to $663.
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 | $6,907 |
| $30,001 – $75,000 | $9,021 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,051 |
| Off-campus title-IV students | $11,441 |
To project your own net price, use Auburn Career Center’s net price tool: www.auburncc.org/FinancialAid1.aspx.
The middle student in the debt distribution at Auburn Career Center owes $6,348 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,348 |
| Median federal debt (graduates only) | $6,365 |
| Typical 10-year monthly payment (graduates) | $67.48/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Auburn Career Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,586 |
| 25th percentile | $4,063 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $12,667 |
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 | $6,365 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,070 |
| Independent students | $6,365 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Auburn Career Center.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Auburn Career Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 591 |
| Total Stafford loan amount | $4,634,835 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $56,301 |
| Average GI Bill amount per recipient | $4,692 |
References
More about our data sources and methodologies.