A large number of students will never be charged 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 Community College of Rhode Island can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does CCRI provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Community College of Rhode Island.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Community College of Rhode Island, 96% of the incoming full-time class was awarded financial aid approximately 2177 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $5,846 |
| Institutional grants & scholarships | 28% | $877 |
| Federal Pell grants | 54% | $5,279 |
| State/local grants | 60% | $4,018 |
| Federal student loans | 5% | $2,639 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 70% of undergraduates were awarded grant or scholarship aid averaging $4,568 (across approximately 8701 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $4,568 |
| Federal Pell grants | 47% | $4,119 |
| Federal student loans | 11% | $5,407 |
For students living on campus and receiving title-IV aid, grants averaged $6,212.
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 | $5,062 |
| $30,001 – $75,000 | $5,519 |
| Over $75,000 | $5,822 |
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 | $6,513 |
| Off-campus title-IV students | $5,240 |
To get a personalized net price estimate, try CCRI’s net price tool: www.ccri.edu/onestop/fa/NetPriceCalculator.html.
The median student at CCRI graduates with $5,567 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,567 |
| Median federal debt (graduates only) | $10,920 |
| Typical 10-year monthly payment (graduates) | $115.77/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at CCRI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,121 |
| 25th percentile | $2,546 |
| 75th percentile | $10,512 |
| 90th percentile (highest-debt students) | $17,250 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,000 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $6,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,250 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. CCRI.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at CCRI:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18609 |
| Total Stafford loan amount | $158,042,354 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 208 |
| Total GI Bill amount | $403,534 |
| Average GI Bill amount per recipient | $1,940 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 23 |
| Total DoD amount | $31,346 |
| Average DoD amount per recipient | $1,363 |
References
More about our data sources and methodologies.