College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Delaware Technical Community College-Terry Financial Aid & Debt Outcomes

85% Freshmen Get Financial Aid
$3,484 Average Grant & Scholarship
54% Undergrads Get Grant Aid

Most students will not be asked to pay 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 sum total of attendance at Delaware Technical Community College-Terry can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financial aid options can Delaware Tech offer, and what will you qualify for? Keep reading for more information. Keep reading to discover how much school funding could be available to you.

Importance of Delaware Tech Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Delaware Technical Community College-Terry.

Financial Aid for First-Year Students at Delaware Technical Community College-Terry

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At Delaware Technical Community College-Terry, 85% of the incoming full-time class was awarded financial aid (about 1377 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$5,330
Institutional grants & scholarships9%$1,735
Federal Pell grants54%$5,404
State/local grants44%$3,124
Federal student loans11%$5,263

Scholarships and Grants at Delaware Technical Community College-Terry

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, some 54% of undergraduate students received gift aid averaging $3,484 (across approximately 7299 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)54%$3,484
Federal Pell grants38%$4,014
Federal student loans14%$6,163

Title-IV recipients living on campus saw average grant aid of $5,654.

What Families Pay by Income at Delaware Technical Community College-Terry

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$7,461
$30,001 – $75,000$8,412
Over $75,000$10,455

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

Net Price at Delaware Technical Community College-Terry

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$11,578
Off-campus title-IV students$8,033

For a customized cost estimate, visit Delaware Tech’s online cost calculator: www.dtcc.edu/admissions-financial-aid/tuition-fees/net-price-calculator.

Typical Student Debt at Delaware Technical Community College-Terry

The median federal debt load at Delaware Tech comes to $5,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$10,500
Typical 10-year monthly payment (graduates)$111.32/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Range of Student Debt at this School

Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Delaware Tech.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,500
25th percentile$2,250
75th percentile$6,500
90th percentile (highest-debt students)$10,500

Debt Outcomes by Student Group at Delaware Technical Community College-Terry

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$5,250
Middle income$5,500
High income$6,000

First-Generation Comparison

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

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$6,401

At-a-Glance Debt Indicators

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

Federal Stafford Lending at Delaware Technical Community College-Terry

The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Delaware Tech:

MetricValue
Stafford loan recipients18733
Total Stafford loan amount$145,668,982

Military and Veterans Aid at Delaware Technical Community College-Terry

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients186
Total GI Bill amount$531,062
Average GI Bill amount per recipient$2,855

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients55
Total DoD amount$144,439
Average DoD amount per recipient$2,626

References

More about our data sources and methodologies.

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options