by our College Data Analytics TeamThe majority 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 cost of going to Access Careers Islandia can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Access Careers Islandia offer, and what will you qualify for? Keep reading for more information. Keep reading to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Access Careers Islandia.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Access Careers Islandia, 92% of new full-time first-years were awarded at least some aid roughly 22 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $6,676 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 83% | $6,494 |
| State/local grants | 8% | $8,500 |
| Federal student loans | 42% | $7,108 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Access Careers Islandia, some 4% of the undergraduate population received grant aid that averaged $9,135 (across roughly 22 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 4% | $9,135 |
| Federal Pell grants | 3% | $6,494 |
| Federal student loans | 2% | $7,108 |
The middle student in the debt distribution at Access Careers Islandia owes $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $5,500 |
| Typical 10-year monthly payment (graduates) | $58.31/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Access Careers Islandia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,176 |
| 75th percentile | $6,452 |
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 | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,269 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Access Careers Islandia.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Access Careers Islandia:
| Metric | Value |
|---|---|
| Stafford loan recipients | 297 |
| Total Stafford loan amount | $1,666,180 |
References
More about our data sources and methodologies.