by our College Data Analytics TeamMost students will not be asked to pay 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 sum total of attendance at Blackstone Valley Vocational Regional School District can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Blackstone Valley Vocational Regional School District provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Blackstone Valley Vocational Regional School District.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Blackstone Valley Vocational Regional School District, about 35% of undergraduates were awarded an average grant or scholarship of $5,536 (across roughly 14 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 35% | $5,536 |
| Federal Pell grants | 35% | $5,536 |
| Federal student loans | 33% | $6,921 |
The median federal debt load at Blackstone Valley Vocational Regional School District comes to $7,454 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,454 |
| 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.
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 Blackstone Valley Vocational Regional School District.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,300 |
A handful of calculated indicators summarize the debt outlook at Blackstone Valley Vocational Regional School District.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Blackstone Valley Vocational Regional School District:
| Metric | Value |
|---|---|
| Stafford loan recipients | 182 |
| Total Stafford loan amount | $1,348,867 |
References
More about our data sources and methodologies.