by our College Data Analytics TeamThe majority of students are not billed 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 sum total of attendance at Central Piedmont Community College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Central Piedmont Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Central Piedmont Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
At Central Piedmont Community College, 64% of first-year full-time students received aid of some kind approximately 618 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $5,576 |
| Institutional grants & scholarships | 20% | $2,178 |
| Federal Pell grants | 49% | $6,283 |
| State/local grants | 1% | $803 |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, some 60% of undergrads got grants or scholarships worth on average $3,466 (for some 11015 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $3,466 |
| Federal Pell grants | 29% | $4,561 |
| Federal student loans | 0% | — |
For students living on campus and receiving title-IV aid, grants averaged $7,201.
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 | $3,633 |
| $30,001 – $75,000 | $4,626 |
| Over $75,000 | $5,760 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $3,345 |
| Off-campus title-IV students | $3,660 |
For a customized cost estimate, visit Central Piedmont Community College’s online cost calculator: www.cpcc.edu/financial-aid/resources/net-price-calculator.
The median federal debt load at Central Piedmont Community College comes to $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,925 |
| Typical 10-year monthly payment (graduates) | $84.02/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Central Piedmont Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,213 |
| 25th percentile | $2,250 |
| 75th percentile | $9,000 |
| 90th percentile (highest-debt students) | $16,097 |
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 | $6,166 |
| Middle income | $5,000 |
| High income | $3,231 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,719 |
| Independent students | $8,550 |
A handful of calculated indicators summarize the debt outlook at Central Piedmont Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Central Piedmont Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6198 |
| Total Stafford loan amount | $59,151,309 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 229 |
| Total GI Bill amount | $825,522 |
| Average GI Bill amount per recipient | $3,605 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 12 |
| Total DoD amount | $26,541 |
| Average DoD amount per recipient | $2,212 |
References
More about our data sources and methodologies.