A lot 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 sum total of attendance at Blue Ridge Community College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Blue Ridge Community College provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn how much school funding will be available 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 Blue Ridge Community 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.
At Blue Ridge Community College, 93% of first-year full-time students received aid of some kind around 131 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $4,813 |
| Institutional grants & scholarships | 56% | $1,539 |
| Federal Pell grants | 52% | $6,282 |
| State/local grants | 25% | $985 |
| Federal student loans | 4% | $5,960 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, around 70% of undergraduate students received gift aid averaging $2,773 (among about 1971 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $2,773 |
| Federal Pell grants | 35% | $3,850 |
| Federal student loans | 4% | $6,102 |
Title-IV recipients living on campus saw average grant aid of $7,518.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,177 |
| $30,001 – $75,000 | $8,081 |
| Over $75,000 | $10,961 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,756 |
| Off-campus title-IV students | $8,829 |
To get a personalized net price estimate, try Blue Ridge Community College’s net price calculator: www.blueridge.edu/paying-for-college/financial-aid/net-price-calculator/.
The median student at Blue Ridge Community College graduates with $9,280 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,280 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure 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 Blue Ridge Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,403 |
| 25th percentile | $4,175 |
| 75th percentile | $15,396 |
| 90th percentile (highest-debt students) | $22,938 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,386 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $6,863 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Blue Ridge Community College.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Blue Ridge Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2034 |
| Total Stafford loan amount | $22,334,508 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 28 |
| Total GI Bill amount | $48,180 |
| Average GI Bill amount per recipient | $1,721 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.