by our College Data Analytics TeamMany students will not be asked to pay 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 Blue Ridge Community and Technical College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Blue Ridge Community and Technical College offer, and what will you qualify for? Keep scrolling for more information. 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. The figures below will help you estimate the aid you might receive from Blue Ridge Community and Technical College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
At Blue Ridge Community and Technical College, 84% of first-time, full-time freshmen received some form of financial aid around 174 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $6,037 |
| Institutional grants & scholarships | 12% | $1,297 |
| Federal Pell grants | 54% | $5,426 |
| State/local grants | 51% | $3,010 |
| Federal student loans | 22% | $4,167 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Blue Ridge Community and Technical College, some 32% of the undergraduate population received grant aid that averaged $4,493 (for some 1360 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 32% | $4,493 |
| Federal Pell grants | 20% | $3,901 |
| Federal student loans | 13% | $4,198 |
For students living on campus and receiving title-IV aid, grants averaged $6,881.
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 | $3,948 |
| $30,001 – $75,000 | $4,591 |
| Over $75,000 | $8,197 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $4,641 |
| Off-campus title-IV students | $4,443 |
To project your own net price, use Blue Ridge Community and Technical College’s official net price calculator: www.blueridgectc.edu/financial-aid/student-aid-calculator/.
The median federal debt load at Blue Ridge Community and Technical College comes to $8,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,000 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Blue Ridge Community and Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,500 |
| 75th percentile | $15,778 |
| 90th percentile (highest-debt students) | $26,450 |
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 | $8,395 |
| Middle income | $8,000 |
| High income | $7,300 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,160 |
| Continuing-generation students | $6,600 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $9,876 |
These indicators are derived from the underlying debt data and summarize the overall picture at Blue Ridge Community and Technical College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Blue Ridge Community and Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6589 |
| Total Stafford loan amount | $90,651,270 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 35 |
| Total GI Bill amount | $111,874 |
| Average GI Bill amount per recipient | $3,196 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $9,297 |
| Average DoD amount per recipient | $1,550 |
References
More about our data sources and methodologies.