by our College Data Analytics TeamThe majority of students are not billed 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 price tag of going to Daytona College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Daytona College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Daytona College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Daytona College, 78% of entering full-time freshmen got some type of financial assistance around 18 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $3,936 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 52% | $4,082 |
| State/local grants | 4% | $1,087 |
| Federal student loans | 52% | $3,692 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 74% of undergrads got grants or scholarships worth on average $6,264 (covering around 225 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $6,264 |
| Federal Pell grants | 59% | $5,102 |
| Federal student loans | 70% | $5,759 |
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 | $28,706 |
For a personalized estimate based on your family’s financial situation, use Daytona College’s net price calculator: daytonacollege.edu/NetPriceCalculator/index.html.
The median student at Daytona College graduates with $6,723 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,723 |
| Median federal debt (graduates only) | $7,403 |
| Typical 10-year monthly payment (graduates) | $78.48/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Daytona College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,513 |
| 25th percentile | $4,881 |
| 75th percentile | $10,992 |
| 90th percentile (highest-debt students) | $13,318 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,499 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,675 |
| Continuing-generation students | $6,900 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,954 |
| Independent students | $7,235 |
A handful of calculated indicators summarize the debt outlook at Daytona College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Daytona College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2372 |
| Total Stafford loan amount | $23,469,407 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $55,978 |
| Average GI Bill amount per recipient | $6,997 |
References
More about our data sources and methodologies.