by our College Data Analytics TeamMany students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Centralia College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Centralia College offer you, and what will you qualify for? Read on for more information. Keep scrolling to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Centralia 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. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Centralia College, 80% of first-year full-time students received aid of some kind approximately 286 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $6,228 |
| Institutional grants & scholarships | 51% | $1,474 |
| Federal Pell grants | 38% | $4,801 |
| State/local grants | 55% | $3,934 |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Centralia College, around 46% of undergraduate students received gift aid averaging $7,974 (across roughly 1081 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 46% | $7,974 |
| Federal Pell grants | 27% | $4,869 |
| Federal student loans | 0% | — |
For students living on campus and receiving title-IV aid, grants averaged $10,048.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,317 |
| $30,001 – $75,000 | $8,036 |
| Over $75,000 | $8,793 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,862 |
| Off-campus title-IV students | $7,600 |
To project your own net price, use Centralia College’s net price tool: www.centralia.edu/funding/net-price.html.
These indicators are derived from the underlying debt data and summarize the overall picture at Centralia College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Centralia College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 35 |
| Total Stafford loan amount | $163,098 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 72 |
| Total GI Bill amount | $237,408 |
| Average GI Bill amount per recipient | $3,297 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $4,472 |
| Average DoD amount per recipient | $4,472 |
References
More about our data sources and methodologies.