by our College Data Analytics TeamThe majority of students will not be asked to pay 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 sum total of attendance at Centura College-Virginia Beach can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can Centura College - Virginia Beach provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Centura College-Virginia Beach.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Centura College - Virginia Beach, approximately 13% of the undergraduate population received grant aid that averaged $3,698 (among about 1 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 13% | $3,698 |
| Federal Pell grants | 13% | $3,698 |
| Federal student loans | 0% | — |
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 | $27,156 |
| $30,001 – $75,000 | $28,988 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
A typical borrower at Centura College - Virginia Beach leaves with $10,054 of federal borrowing.
| Metric | Amount |
|---|---|
| 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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Centura College - Virginia Beach.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,708 |
| 25th percentile | $6,198 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $24,594 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,040 |
| Middle income | $11,125 |
| High income | $8,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,213 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,750 |
| Independent students | $11,875 |
A handful of calculated indicators summarize the debt outlook at Centura College - Virginia Beach.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Centura College - Virginia Beach:
| Metric | Value |
|---|---|
| Stafford loan recipients | 26310 |
| Total Stafford loan amount | $432,772,151 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.