by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Alvin Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Alvin provide, and just what are you going to be eligible for? Read on for answers. Read on to find out how much school funding will be available 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 Alvin Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Alvin Community College, 69% of entering full-time freshmen got some type of financial assistance around 203 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $7,571 |
| Institutional grants & scholarships | 9% | $1,997 |
| Federal Pell grants | 43% | $7,170 |
| State/local grants | 28% | $2,808 |
| Federal student loans | 8% | $2,970 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, some 34% of undergrads got grants or scholarships worth on average $4,507 (for some 1887 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $4,507 |
| Federal Pell grants | 25% | $5,089 |
| Federal student loans | 4% | $3,116 |
On-campus students receiving title-IV aid were awarded grants averaging $8,437.
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 | $3,440 |
| $30,001 – $75,000 | $4,727 |
| Over $75,000 | $6,079 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $8,525 |
| Off-campus title-IV students | $4,233 |
For an estimate tailored to your family circumstances, see Alvin’s net price tool: www.alvincollege.edu/financial-aid/netprice/npcalc.htm.
The middle student in the debt distribution at Alvin owes $3,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,500 |
| Median federal debt (graduates only) | $4,519 |
| Typical 10-year monthly payment (graduates) | $47.91/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Alvin.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,250 |
| 75th percentile | $4,750 |
| 90th percentile (highest-debt students) | $9,000 |
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 | $3,500 |
| Middle income | $3,500 |
| High income | $3,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,500 |
| Continuing-generation students | $3,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $4,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Alvin.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Alvin:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3332 |
| Total Stafford loan amount | $18,834,032 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 75 |
| Total GI Bill amount | $157,503 |
| Average GI Bill amount per recipient | $2,100 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.