Most students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Blinn College District can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will Blinn College provide, and just what are you going to be eligible for? Read on for answers. Read on to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Blinn College District.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Blinn College District, 62% of the incoming full-time class was awarded financial aid roughly 2208 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $3,931 |
| Institutional grants & scholarships | 22% | $2,163 |
| Federal Pell grants | 35% | $3,066 |
| State/local grants | 15% | $2,369 |
| Federal student loans | 34% | $3,354 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 30% of undergraduate students received gift aid averaging $3,433 (among about 5567 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 30% | $3,433 |
| Federal Pell grants | 21% | $2,572 |
| Federal student loans | 18% | $3,519 |
On-campus students receiving title-IV aid were awarded grants averaging $4,408.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,086 |
| $30,001 – $75,000 | $17,125 |
| Over $75,000 | $19,073 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $10,844 |
| Off-campus title-IV students | $17,225 |
For an estimate tailored to your family circumstances, see Blinn College’s online cost calculator: apps.highered.texas.gov/net-price-calculator/.
Graduating students at Blinn College carry a median federal student debt of $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $11,500 |
| Typical 10-year monthly payment (graduates) | $121.92/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Blinn College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $3,500 |
| 75th percentile | $10,000 |
| 90th percentile (highest-debt students) | $15,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Blinn College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Blinn College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 47319 |
| Total Stafford loan amount | $390,098,279 |
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 | 228 |
| Total GI Bill amount | $485,490 |
| Average GI Bill amount per recipient | $2,129 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 134 |
| Total DoD amount | $137,350 |
| Average DoD amount per recipient | $1,025 |
References
More about our data sources and methodologies.