A large number of 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 cost of going to Davidson-Davie Community College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will DCCC provide, and just what are you going to be eligible for? Read on for answers. Scroll down to find out what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Davidson-Davie Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Davidson-Davie Community College, 76% of new full-time first-years were awarded at least some aid around 218 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $5,418 |
| Institutional grants & scholarships | 12% | $843 |
| Federal Pell grants | 73% | $5,186 |
| State/local grants | 8% | $1,334 |
| Federal student loans | 31% | $3,813 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At DCCC, approximately 43% of undergraduates were awarded an average grant or scholarship of $6,492 (across approximately 1748 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $6,492 |
| Federal Pell grants | 34% | $6,934 |
| Federal student loans | 18% | $6,916 |
For on-campus title-IV students, average grant aid came to $5,527.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,248 |
| $30,001 – $75,000 | $6,775 |
| Over $75,000 | $12,642 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,753 |
| Off-campus title-IV students | $7,258 |
For a customized cost estimate, visit DCCC’s online cost calculator: www.davidsondavie.edu/net-price-calculator/.
Graduating students at DCCC carry a median federal student debt of $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at DCCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,252 |
| 25th percentile | $4,331 |
| 75th percentile | $17,337 |
| 90th percentile (highest-debt students) | $28,905 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $6,910 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,875 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. DCCC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at DCCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6150 |
| Total Stafford loan amount | $79,355,042 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 30 |
| Total GI Bill amount | $43,037 |
| Average GI Bill amount per recipient | $1,435 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.