by our College Data Analytics TeamMost students will never be charged 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 sum total of attendance at Chattahoochee Valley Community College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will CVCC provide, and just what are you going to be eligible for? Read on for answers. Read on to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Chattahoochee Valley Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can 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 Chattahoochee Valley Community College, 97% of first-year full-time students received aid of some kind some 203 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $7,732 |
| Institutional grants & scholarships | 49% | $5,923 |
| Federal Pell grants | 70% | $6,469 |
| State/local grants | 2% | $800 |
| Federal student loans | 32% | $5,960 |
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, about 75% of undergraduates were awarded grant or scholarship aid averaging $4,587 (across approximately 1282 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $4,587 |
| Federal Pell grants | 40% | $4,982 |
| Federal student loans | 26% | $6,517 |
Title-IV recipients living on campus saw average grant aid of $8,356.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,351 |
| $30,001 – $75,000 | $7,739 |
| Over $75,000 | $10,800 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,244 |
| Off-campus title-IV students | $5,814 |
For a customized cost estimate, visit CVCC’s NPC: www.cv.edu/npcalc.
Graduating students at CVCC carry a median federal student debt of $5,900 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,900 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at CVCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,250 |
| 25th percentile | $3,500 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $19,179 |
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 | $6,250 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,367 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,469 |
| Independent students | $9,319 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. CVCC.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at CVCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3880 |
| Total Stafford loan amount | $36,174,817 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 71 |
| Total GI Bill amount | $186,786 |
| Average GI Bill amount per recipient | $2,631 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $3,810 |
| Average DoD amount per recipient | $1,270 |
References
More about our data sources and methodologies.