by our College Data Analytics TeamMany 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 price of attendance at Copiah-Lincoln Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can Copiah-Lincoln Community College offer, and what will you qualify for? Keep reading for more information. Keep going to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Copiah-Lincoln Community College.
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 Copiah-Lincoln Community College, 94% of entering full-time freshmen got some type of financial assistance some 494 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $7,453 |
| Institutional grants & scholarships | 41% | $2,892 |
| Federal Pell grants | 66% | $7,428 |
| State/local grants | 36% | $2,105 |
| Federal student loans | 12% | $4,158 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Copiah-Lincoln Community College, roughly 69% of undergrads got grants or scholarships worth on average $6,645 (for some 1950 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $6,645 |
| Federal Pell grants | 40% | $7,243 |
| Federal student loans | 10% | $4,457 |
Title-IV recipients living on campus saw average grant aid of $8,596.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $2,711 |
| $30,001 – $75,000 | $3,843 |
| Over $75,000 | $8,235 |
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 | $3,894 |
| Off-campus title-IV students | $3,472 |
For an estimate tailored to your family circumstances, see Copiah-Lincoln Community College’s official net price calculator: www.colin.edu/NetPriceCalculator/.
Graduating students at Copiah-Lincoln Community College carry a median federal student debt of $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,435 |
| Typical 10-year monthly payment (graduates) | $78.82/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Copiah-Lincoln Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,313 |
| 25th percentile | $2,000 |
| 75th percentile | $6,041 |
| 90th percentile (highest-debt students) | $9,957 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,988 |
| Middle income | $5,052 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,286 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,145 |
| Independent students | $6,035 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Copiah-Lincoln Community College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Copiah-Lincoln Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7408 |
| Total Stafford loan amount | $48,312,234 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 25 |
| Total GI Bill amount | $110,984 |
| Average GI Bill amount per recipient | $4,439 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 8 |
| Total DoD amount | $33,550 |
| Average DoD amount per recipient | $4,194 |
References
More about our data sources and methodologies.