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Central Community College Financial Aid and Scholarship Details

87% Freshmen Get Financial Aid
$4,825 Average Grant & Scholarship
32% Undergrads Get Grant Aid

Most 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 cost of going to Central Community College can seem overpowering, but remember that the majority of students are given some form of financial assistance.

Just what financing solutions does Central Community College provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to learn what amount of financial assistance will be accessible to you.

Why You Should Understand Central Community College Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Central Community College.

Financial Aid for First-Year Students at Central 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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Among first-time, full-time freshmen at Central Community College, 87% of first-year full-time students received aid of some kind (about 518 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$6,165
Institutional grants & scholarships67%$3,065
Federal Pell grants48%$5,345
State/local grants31%$1,749
Federal student loans18%$4,304

Undergraduate Grant Aid at Central Community College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 32% of undergrads got grants or scholarships worth on average $4,825 (among about 2200 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)32%$4,825
Federal Pell grants19%$4,499
Federal student loans9%$4,597

For on-campus title-IV students, average grant aid came to $7,104.

Income-Adjusted Net Price at Central Community College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$5,051
$30,001 – $75,000$6,396
Over $75,000$10,054

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

The Real Cost of Attending Central Community College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$7,024
Off-campus title-IV students$6,781

To get a personalized net price estimate, try Central Community College’s official net price calculator: cccneb.studentaidcalculator.com/survey.aspx.

What Students Owe at Central Community College

Graduating students at Central Community College carry a median federal student debt of $5,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$7,992
Typical 10-year monthly payment (graduates)$84.73/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Debt Spread by Percentile

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Central Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,331
25th percentile$1,750
75th percentile$6,816
90th percentile (highest-debt students)$11,075

Debt by Student Cohort at Central Community College

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$5,250
Middle income$5,343
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$5,429
Continuing-generation students$5,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,245
Independent students$6,500

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Central Community College.

Federal Student Loans at Central Community College

The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Central Community College:

MetricValue
Stafford loan recipients10559
Total Stafford loan amount$68,399,268

GI Bill and DoD Benefits at Central Community College

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients52
Total GI Bill amount$76,032
Average GI Bill amount per recipient$1,462

DoD program volume

MetricValue
DoD Tuition Assistance recipients37
Total DoD amount$54,916
Average DoD amount per recipient$1,484

Central Community College Financial Aid Resources

References

More about our data sources and methodologies.

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