by our College Data Analytics TeamThe majority of 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 sum total of attendance at Big Sandy Community and Technical College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Big Sandy Community and Technical College offer you, and what will you qualify for? Read on for more information. Keep scrolling to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Big Sandy Community and Technical College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Big Sandy Community and Technical College, 99% of new full-time first-years were awarded at least some aid roughly 367 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $8,196 |
| Institutional grants & scholarships | 17% | $2,547 |
| Federal Pell grants | 76% | $5,993 |
| State/local grants | 94% | $3,063 |
| Federal student loans | 13% | $5,258 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 90% of the undergraduate population received grant aid that averaged $4,807 (covering around 2330 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $4,807 |
| Federal Pell grants | 44% | $5,330 |
| Federal student loans | 15% | $6,053 |
On-campus students receiving title-IV aid were awarded grants averaging $9,174.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,956 |
| $30,001 – $75,000 | $4,569 |
| Over $75,000 | $9,111 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $3,873 |
| Off-campus title-IV students | $4,530 |
For an estimate tailored to your family circumstances, see Big Sandy Community and Technical College’s net price tool: bigsandy.kctcs.edu/affording-college/net-price-calculator/index.aspx.
The median federal debt load at Big Sandy Community and Technical College comes to $6,911 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,911 |
| Median federal debt (graduates only) | $9,357 |
| Typical 10-year monthly payment (graduates) | $99.2/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Big Sandy Community and Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,121 |
| 75th percentile | $11,717 |
| 90th percentile (highest-debt students) | $20,100 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,086 |
| Middle income | $5,887 |
| High income | $6,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,000 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,050 |
The figure below distills the debt data into a single burden category for Big Sandy Community and Technical College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Big Sandy Community and Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8924 |
| Total Stafford loan amount | $91,492,597 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $58,365 |
| Average GI Bill amount per recipient | $3,433 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.