by our College Data Analytics TeamMost students will never be charged 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 price tag of going to Central Alabama Community College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does Central Alabama Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Central Alabama Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Central Alabama Community College, 92% of first-time, full-time freshmen received some form of financial aid roughly 252 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $6,961 |
| Institutional grants & scholarships | 33% | $5,581 |
| Federal Pell grants | 61% | $6,018 |
| State/local grants | 7% | $1,212 |
| Federal student loans | 27% | $3,348 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 73% of undergraduate students received gift aid averaging $3,779 (for some 1388 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $3,779 |
| Federal Pell grants | 32% | $4,652 |
| Federal student loans | 17% | $3,741 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,417.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,417 |
| $30,001 – $75,000 | $14,498 |
| Over $75,000 | $18,718 |
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 | $15,996 |
| Off-campus title-IV students | $14,346 |
To project your own net price, use Central Alabama Community College’s net price tool: www.cacc.edu/net-price-calculator/.
The middle student in the debt distribution at Central Alabama Community College owes $5,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $9,766 |
| Typical 10-year monthly payment (graduates) | $103.54/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 percentiles below describe the cumulative federal debt distribution for borrowers at Central Alabama Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,250 |
| 75th percentile | $13,500 |
| 90th percentile (highest-debt students) | $27,362 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,500 |
| Middle income | $5,874 |
| High income | $5,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,750 |
| Continuing-generation students | $5,282 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,960 |
| Independent students | $8,450 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Central Alabama Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Central Alabama Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5416 |
| Total Stafford loan amount | $68,208,106 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $47,357 |
| Average GI Bill amount per recipient | $4,305 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.