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 price tag of going to Chippewa Valley Technical College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will CVTC offer, and what will you qualify for? Read on for more information. Read on to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Chippewa Valley Technical College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Chippewa Valley Technical College, 69% of first-time, full-time freshmen received some form of financial aid some 441 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $6,200 |
| Institutional grants & scholarships | 9% | $1,714 |
| Federal Pell grants | 37% | $5,044 |
| State/local grants | 36% | $1,405 |
| Federal student loans | 30% | $5,082 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At CVTC, about 26% of the undergraduate population received grant aid that averaged $4,962 (covering around 2121 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 26% | $4,962 |
| Federal Pell grants | 17% | $4,360 |
| Federal student loans | 17% | $5,870 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,701.
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 | $9,795 |
| $30,001 – $75,000 | $11,186 |
| Over $75,000 | $15,748 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,285 |
| Off-campus title-IV students | $12,025 |
For a customized cost estimate, visit CVTC’s NPC: www.cvtc.edu/pay-for-college.
The median federal debt load at CVTC comes to $8,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,000 |
| Median federal debt (graduates only) | $11,432 |
| Typical 10-year monthly payment (graduates) | $121.2/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at CVTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,250 |
| 25th percentile | $4,051 |
| 75th percentile | $15,321 |
| 90th percentile (highest-debt students) | $24,125 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,343 |
| Middle income | $7,944 |
| High income | $6,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,250 |
| Continuing-generation students | $6,667 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,196 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at CVTC.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at CVTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19171 |
| Total Stafford loan amount | $235,862,244 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $25,480 |
| Average GI Bill amount per recipient | $4,247 |
References
More about our data sources and methodologies.