by our College Data Analytics TeamA lot of 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 total price of attendance at Queen City College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Queen City College deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Queen City College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 68% of undergraduates were awarded an average grant or scholarship of $5,382 (covering around 106 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $5,382 |
| Federal Pell grants | 67% | $5,265 |
| Federal student loans | 45% | $5,773 |
The median student at Queen City College graduates with $4,703 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,703 |
| Median federal debt (graduates only) | $4,913 |
| Typical 10-year monthly payment (graduates) | $52.09/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Queen City College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,308 |
| 25th percentile | $4,584 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $15,197 |
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 | $4,449 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,258 |
| Independent students | $4,750 |
The figure below distills the debt data into a single burden category for Queen City College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Queen City College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 634 |
| Total Stafford loan amount | $4,219,380 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $135,113 |
| Average GI Bill amount per recipient | $11,259 |
References
More about our data sources and methodologies.