by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Central Virginia Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial aid solutions can Central Virginia Community College deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Central Virginia 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. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Central Virginia Community College, 81% of entering full-time freshmen got some type of financial assistance (about 195 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $5,628 |
| Institutional grants & scholarships | 11% | $2,432 |
| Federal Pell grants | 55% | $5,403 |
| State/local grants | 55% | $1,319 |
| Federal student loans | 5% | $4,757 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, approximately 48% of undergrads got grants or scholarships worth on average $4,296 (covering around 1646 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $4,296 |
| Federal Pell grants | 36% | $3,861 |
| Federal student loans | 3% | $5,950 |
For students living on campus and receiving title-IV aid, grants averaged $5,901.
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 | $4,645 |
| $30,001 – $75,000 | $6,027 |
| Over $75,000 | $9,436 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $6,928 |
| Off-campus title-IV students | $5,525 |
To get a personalized net price estimate, try Central Virginia Community College’s online cost calculator: www.vawizard.org/wizard/npc.
Graduating students at Central Virginia Community College carry a median federal student debt of $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $8,625 |
| Typical 10-year monthly payment (graduates) | $91.44/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Central Virginia Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,707 |
| 75th percentile | $7,298 |
| 90th percentile (highest-debt students) | $12,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,373 |
| Middle income | $4,750 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,803 |
| Continuing-generation students | $4,545 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,049 |
| Independent students | $8,488 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Central Virginia Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Central Virginia Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1731 |
| Total Stafford loan amount | $11,645,398 |
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 | 0 |
| Total GI Bill amount | $0 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.