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Centura College - Newport News Financial Aid and Scholarship Details

96% Freshmen Get Financial Aid
$5,354 Average Grant & Scholarship
60% Undergrads Get Grant Aid

The majority of 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 Centura College - Newport News can seem overpowering, but remember that the majority of students are given some form of financial assistance.

What financial assistance options will Centura College - Newport News offer you, and what will you qualify for? Read on for more information. Keep going to discover how much school funding could be available to you.

Importance of Centura College - Newport News Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Centura College - Newport News.

Financial Aid for First-Year Students at Centura College - Newport News

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.

Among first-time, full-time freshmen at Centura College - Newport News, 96% of first-time, full-time freshmen received some form of financial aid (about 24 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)96%$6,800
Institutional grants & scholarships4%$1,000
Federal Pell grants96%$6,470
State/local grants0%
Federal student loans80%$7,463

Scholarships and Grants at Centura College - Newport News

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Centura College - Newport News, roughly 60% of undergraduates were awarded an average grant or scholarship of $5,354 (for some 126 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)60%$5,354
Federal Pell grants60%$5,153
Federal student loans36%$7,476

On-campus students receiving title-IV aid were awarded grants averaging $6,800.

What Families Pay by Income at Centura College - Newport News

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$25,270
$30,001 – $75,000$23,762
Over $75,000$31,542

Each figure is the net price after grants and scholarships, not the published sticker price.

What Students Actually Pay at Centura College - Newport News

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.

CohortAverage Net Price
On-campus title-IV students$24,842
Off-campus title-IV students$25,752

For a personalized estimate based on your family’s financial situation, use Centura College - Newport News’s NPC: www.centuracollege.edu/your_rights.

What Students Owe at Centura College - Newport News

The median federal debt load at Centura College - Newport News comes to $10,054 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$10,054
Median federal debt (graduates only)$14,750
Typical 10-year monthly payment (graduates)$156.37/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Centura College - Newport News.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$4,708
25th percentile$6,198
75th percentile$20,000
90th percentile (highest-debt students)$24,594

How Debt Outcomes Vary by Student Group at Centura College - Newport News

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

Debt by Income Tier

Income tierMedian federal debt
Low income$10,040
Middle income$11,125
High income$8,750

By First-Generation Status

CohortMedian federal debt
First-generation students$10,213
Continuing-generation students$9,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$8,750
Independent students$11,875

At-a-Glance Debt Indicators

A handful of calculated indicators summarize the debt outlook at Centura College - Newport News.

Stafford Loan Activity at Centura College - Newport News

Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Centura College - Newport News:

MetricValue
Stafford loan recipients26310
Total Stafford loan amount$432,772,151

Veterans Benefits at Centura College - Newport News

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.

GI Bill volume

MetricValue
GI Bill recipients11
Total GI Bill amount$175,386
Average GI Bill amount per recipient$15,944

Centura College - Newport News Financial Aid Resources

References

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