by our College Data Analytics TeamMany students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Wayne County Schools Career Center can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Wayne County Schools Career Center provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Wayne County Schools Career Center.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Wayne County Schools Career Center, 83% of first-year full-time students received aid of some kind around 40 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $6,168 |
| Institutional grants & scholarships | 27% | $1,355 |
| Federal Pell grants | 58% | $5,203 |
| State/local grants | 8% | $5,998 |
| Federal student loans | 56% | $4,854 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, roughly 69% of undergraduate students received gift aid averaging $4,203 (across roughly 140 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $4,203 |
| Federal Pell grants | 38% | $4,661 |
| Federal student loans | 39% | $5,974 |
For students living on campus and receiving title-IV aid, grants averaged $4,124.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $29,467 |
| Over $75,000 | $31,439 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,232 |
| Off-campus title-IV students | $30,453 |
To get a personalized net price estimate, try Wayne County Schools Career Center’s official net price calculator: www.wayne-jvs.k12.oh.us/sites/wayne-jvs.k12.oh.us/files/calculator/npcalc.htm.
The median student at Wayne County Schools Career Center graduates with $5,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,574 |
| Typical 10-year monthly payment (graduates) | $80.3/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Wayne County Schools Career Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,310 |
| 25th percentile | $3,500 |
| 75th percentile | $9,316 |
| 90th percentile (highest-debt students) | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,539 |
| Middle income | $5,602 |
| High income | $5,498 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,408 |
| Independent students | $7,754 |
These indicators are derived from the underlying debt data and summarize the overall picture at Wayne County Schools Career Center.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Wayne County Schools Career Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1088 |
| Total Stafford loan amount | $7,360,950 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $7,357 |
| Average GI Bill amount per recipient | $7,357 |
References
More about our data sources and methodologies.