What Percentage of Undergrads Receive Financial Assistance?
$10,537 is the usual Cumberland County College's first year financial aid package. Around 79.0% of incoming students obtain some money for college, the majority of which is in the form of scholarships and grants.
Financial aid incorporates loans, grants, and scholarships. However, loans have to be paid off, so they are not a genuine college discount.
We feel that loan debt ought to be regarded as an added expense instead of as "aid" or a "discount". Read more on student loan debt at Cumberland County College.
How Much Cumberland County College Aid Will I Get That I Don't Have to Pay Back?
The stats plus the graph below pertain to primarily federal grants, as well as some local and state grants. 60.0% of freshmen at Cumberland County College (324 total) received a federal grant, averaging $5,033. In addition to grants, 21.0% of freshmen (111 total) received scholarships by the college, averaging $1,987 per student.
The graph directly below reveals the average volume of scholarship and grant aid given to all first year students.
Scholarships are awarded due to merit or special ability, while grants are given due to need.
How Financial Need Affects Financial Aid
The table below displays grant and scholarship distributions by income for freshmen getting any sort of federally-funded Title IV aid, such as Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 36.0% | $6,991 |
Income 30k-48k | 13.9% | $6,252 |
Income 48k-75k | 9.6% | $3,869 |
Income 75k-110k | 3.5% | $1,350 |
Income 110k + | 1.8% | $1,176 |
Education funding from the federal government available as grants, loans, or work-study is referred to as Title IV aid. Get more info on Title IV here..
Scholarships & Grants for All Undergrads Is $4,676
1,663 Cumberland County College undergrads get grant aid (this is around 57.0% of the total student body). The average amount these students get is $4,676 The majority in the form of Pell Grants.
Visit the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
Cumberland County College Financial Aid Links
Financial Aid Department Website | https://www.rcsj.edu/FinancialAid-site/Cumberland-site |
Net Price Calculator | cec.cccnj.edu/netprice/ |
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