by our College Data Analytics TeamA lot of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Danville Area Community College can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial assistance options will DACC offer you, and what will you qualify for? Read on for more information. Keep going to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Danville Area Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Danville Area Community College, 86% of the incoming full-time class was awarded financial aid roughly 209 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $7,356 |
| Institutional grants & scholarships | 49% | $3,341 |
| Federal Pell grants | 48% | $5,891 |
| State/local grants | 40% | $2,885 |
| Federal student loans | 3% | $3,995 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At DACC, approximately 45% of the undergraduate population received grant aid that averaged $6,937 (among about 969 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $6,937 |
| Federal Pell grants | 29% | $5,371 |
| Federal student loans | 4% | $3,788 |
For students living on campus and receiving title-IV aid, grants averaged $6,045.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $1,436 |
| $30,001 – $75,000 | $3,193 |
| Over $75,000 | $9,098 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,777 |
| Off-campus title-IV students | $3,281 |
For a customized cost estimate, visit DACC’s net price tool: dacc.edu/net-price-calculator.
The median student at DACC graduates with $3,975 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,975 |
| Median federal debt (graduates only) | $7,218 |
| Typical 10-year monthly payment (graduates) | $76.52/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at DACC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,320 |
| 25th percentile | $1,750 |
| 75th percentile | $6,000 |
| 90th percentile (highest-debt students) | $10,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $3,500 |
| Middle income | $4,000 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,563 |
| Continuing-generation students | $4,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,731 |
| Independent students | $4,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. DACC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at DACC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2517 |
| Total Stafford loan amount | $15,011,888 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $46,428 |
| Average GI Bill amount per recipient | $2,731 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.