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Craven Community College Financial Aid & Debt Outcomes

59% Freshmen Get Financial Aid
$3,179 Average Grant & Scholarship
62% Undergrads Get Grant Aid

Many students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Craven Community College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

Just what financial aid solutions can Craven Community College provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.

Importance of Craven Community College Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Craven Community College.

Typical First Year Financial Aid at Craven 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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Looking at the entering class at Craven Community College, 59% of first-year full-time students received aid of some kind (about 84 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)58%$5,968
Institutional grants & scholarships12%$1,118
Federal Pell grants43%$6,675
State/local grants36%$1,181
Federal student loans0%

Undergraduate Grant Aid at Craven Community College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 62% of undergrads got grants or scholarships worth on average $3,179 (across approximately 1765 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)62%$3,179
Federal Pell grants43%$3,920
Federal student loans0%

On-campus students receiving title-IV aid were awarded grants averaging $7,446.

Aid by Income Level at Craven Community College

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$4,170
$30,001 – $75,000$4,831
Over $75,000$5,786

The numbers above are post-aid net prices, so they already account for grants and scholarships.

What a Degree Really Costs at Craven Community College

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$3,289
Off-campus title-IV students$4,402

To project your own net price, use Craven Community College’s official net price calculator: cravencc.edu/paying-college/financial-aid/net-price-calculator.

Student Debt Levels at Craven Community College

A typical borrower at Craven Community College leaves with $5,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500

The Range of Student Debt at this School

The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Craven Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,500
25th percentile$2,634
75th percentile$9,500
90th percentile (highest-debt students)$15,500

Debt Outcomes by Student Group at Craven Community College

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Dependency Status

CohortMedian federal debt
Dependent students$4,800
Independent students$9,500

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at Craven Community College.

Federal Stafford Lending at Craven Community College

The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Craven Community College:

MetricValue
Stafford loan recipients1828
Total Stafford loan amount$20,952,416

Aid for Military-Affiliated Students at Craven Community College

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients145
Total GI Bill amount$232,922
Average GI Bill amount per recipient$1,606

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$8,462
Average DoD amount per recipient$4,231

More Financial Aid Resources from Craven Community College

References

More about our data sources and methodologies.

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