by our College Data Analytics TeamMost students will never be charged 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 total cost of going to Cayuga County Community College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Cayuga Community College provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Cayuga County Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Cayuga County Community College, 81% of entering full-time freshmen got some type of financial assistance roughly 231 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $8,280 |
| Institutional grants & scholarships | 18% | $2,826 |
| Federal Pell grants | 53% | $6,049 |
| State/local grants | 61% | $3,544 |
| Federal student loans | 30% | $5,314 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Cayuga Community College, roughly 23% of undergraduate students received gift aid averaging $6,421 (across approximately 809 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 23% | $6,421 |
| Federal Pell grants | 16% | $5,008 |
| Federal student loans | 12% | $5,923 |
Title-IV recipients living on campus saw average grant aid of $8,047.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,310 |
| $30,001 – $75,000 | $7,465 |
| Over $75,000 | $12,360 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,662 |
| Off-campus title-IV students | $7,278 |
For an estimate tailored to your family circumstances, see Cayuga Community College’s net price calculator: www.cayuga-cc.edu/financial-aid/resources/npc/.
The median student at Cayuga Community College graduates with $6,462 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,462 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Cayuga Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,441 |
| 75th percentile | $12,101 |
| 90th percentile (highest-debt students) | $19,038 |
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 | $6,205 |
| Middle income | $6,500 |
| High income | $6,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,413 |
| Continuing-generation students | $6,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,450 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Cayuga Community College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Cayuga Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14261 |
| Total Stafford loan amount | $147,204,067 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 31 |
| Total GI Bill amount | $120,803 |
| Average GI Bill amount per recipient | $3,897 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.