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CUNY Queensborough Community College Financial Aid Details

85% Freshmen Get Financial Aid
$5,781 Average Grant & Scholarship
56% Undergrads Get Grant Aid

Most students will not be asked to pay 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 total price of attendance at CUNY Queensborough Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financial aid solutions can QCC deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to find out how much school funding will be available to you.

Why You Should Understand QCC Financial Aid Info

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 CUNY Queensborough Community College.

Average Freshman Financial Aid at CUNY Queensborough 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.

Among first-time, full-time freshmen at CUNY Queensborough Community College, 85% of new full-time first-years were awarded at least some aid approximately 1565 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)84%$6,939
Institutional grants & scholarships58%$952
Federal Pell grants67%$5,677
State/local grants54%$2,625
Federal student loans2%$5,191

Scholarship and Grant Awards at CUNY Queensborough Community College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At QCC, approximately 56% of undergraduates were awarded an average grant or scholarship of $5,781 (among about 5735 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)56%$5,781
Federal Pell grants44%$5,032
Federal student loans4%$5,402

On-campus students receiving title-IV aid were awarded grants averaging $7,934.

Income-Adjusted Net Price at CUNY Queensborough Community College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$3,945
$30,001 – $75,000$5,486
Over $75,000$9,323

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

Net Price at CUNY Queensborough Community College

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.

CohortAverage Net Price
On-campus title-IV students$4,458
Off-campus title-IV students$4,620

To project your own net price, use QCC’s net price calculator: npc.cuny.edu/npc/public/fin_aid/financial_aid_estimator/FinAidEstimator.jsp.

Student Debt Levels at CUNY Queensborough Community College

A typical borrower at QCC leaves with $5,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$8,600
Typical 10-year monthly payment (graduates)$91.17/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Where Student Debt Falls

A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at QCC.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,500
25th percentile$2,625
75th percentile$9,000
90th percentile (highest-debt students)$15,000

Debt Outcomes by Student Group at CUNY Queensborough Community College

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$5,844
Middle income$5,256
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$5,500
Continuing-generation students$5,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,014
Independent students$8,500

Is the Debt Manageable?

The Department of Education computes summary indicators that describe debt outcomes at a glance. QCC.

Federal Student Loans at CUNY Queensborough Community College

The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at QCC:

MetricValue
Stafford loan recipients8706
Total Stafford loan amount$76,303,204

GI Bill and DoD Benefits at CUNY Queensborough 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 recipients81
Total GI Bill amount$256,956
Average GI Bill amount per recipient$3,172

DoD program volume

MetricValue
DoD Tuition Assistance recipients6
Total DoD amount$17,330
Average DoD amount per recipient$2,888

References

More about our data sources and methodologies.

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