by our College Data Analytics TeamMost students will never be charged 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 cost of going to State Career College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can SCC offer you, and what will you qualify for? Keep reading for more information. Scroll down to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from State Career College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at State Career College, 96% of new full-time first-years were awarded at least some aid (about 132 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $7,624 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 96% | $7,395 |
| State/local grants | 2% | $10,000 |
| Federal student loans | 96% | $9,500 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at SCC, about 54% of undergrads got grants or scholarships worth on average $7,622 (among about 132 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $7,622 |
| Federal Pell grants | 54% | $7,395 |
| Federal student loans | 54% | $9,500 |
For on-campus title-IV students, average grant aid came to $7,395.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,706 |
| $30,001 – $75,000 | $18,999 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,376 |
| Off-campus title-IV students | $27,805 |
To project your own net price, use SCC’s NPC: statecareercollege.edu/net-price-calculator/.
A typical borrower at SCC leaves with $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at SCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,479 |
| 75th percentile | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. SCC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at SCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 513 |
| Total Stafford loan amount | $4,210,278 |
References
More about our data sources and methodologies.