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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $6,939 |
| Institutional grants & scholarships | 58% | $952 |
| Federal Pell grants | 67% | $5,677 |
| State/local grants | 54% | $2,625 |
| Federal student loans | 2% | $5,191 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $5,781 |
| Federal Pell grants | 44% | $5,032 |
| Federal student loans | 4% | $5,402 |
On-campus students receiving title-IV aid were awarded grants averaging $7,934.
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 | $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 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 | $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.
A typical borrower at QCC leaves with $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| 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.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at QCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,625 |
| 75th percentile | $9,000 |
| 90th percentile (highest-debt students) | $15,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,844 |
| Middle income | $5,256 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,014 |
| Independent students | $8,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. QCC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at QCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8706 |
| Total Stafford loan amount | $76,303,204 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 81 |
| Total GI Bill amount | $256,956 |
| Average GI Bill amount per recipient | $3,172 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $17,330 |
| Average DoD amount per recipient | $2,888 |
References
More about our data sources and methodologies.