by our College Data Analytics TeamMany 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 total price of attendance at Cape Fear Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can CFCC deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Cape Fear Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Cape Fear Community College, 54% of first-year full-time students received aid of some kind (about 489 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $4,603 |
| Institutional grants & scholarships | 2% | $2,185 |
| Federal Pell grants | 42% | $4,521 |
| State/local grants | 13% | $2,113 |
| Federal student loans | 0% | $5,393 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At CFCC, some 23% of undergrads got grants or scholarships worth on average $4,651 (covering around 3252 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 23% | $4,651 |
| Federal Pell grants | 18% | $4,676 |
| Federal student loans | 4% | $6,033 |
For on-campus title-IV students, average grant aid came to $5,130.
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 | $4,084 |
| $30,001 – $75,000 | $4,951 |
| Over $75,000 | $13,239 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,610 |
| Off-campus title-IV students | $5,416 |
For a personalized estimate based on your family’s financial situation, use CFCC’s NPC: cfcc.edu/resources/netprice/.
The middle student in the debt distribution at CFCC owes $6,334 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,334 |
| 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.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at CFCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,250 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $20,899 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,700 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. CFCC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at CFCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13194 |
| Total Stafford loan amount | $146,132,078 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 464 |
| Total GI Bill amount | $421,229 |
| Average GI Bill amount per recipient | $908 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 63 |
| Total DoD amount | $35,986 |
| Average DoD amount per recipient | $571 |
References
More about our data sources and methodologies.