by our College Data Analytics TeamA lot of 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 total cost of going to Delta College Inc can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Delta College Inc offer you, and what will you qualify for? Read on for more information. Keep reading to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Delta College Inc.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Delta College Inc, 100% of new full-time first-years were awarded at least some aid some 79 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $7,247 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 78% | $5,363 |
| State/local grants | 44% | $4,173 |
| Federal student loans | 81% | $4,873 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Delta College Inc, around 73% of the undergraduate population received grant aid that averaged $7,209 (across roughly 202 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $7,209 |
| Federal Pell grants | 67% | $5,573 |
| Federal student loans | 64% | $4,676 |
For students living on campus and receiving title-IV aid, grants averaged $5,403.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,022 |
| $30,001 – $75,000 | $23,702 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $23,128 |
| Off-campus title-IV students | $22,997 |
For a customized cost estimate, visit Delta College Inc’s online cost calculator: deltacollege.com/consumer-info/.
Graduating students at Delta College Inc carry a median federal student debt of $6,200 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,200 |
| Median federal debt (graduates only) | $6,397 |
| Typical 10-year monthly payment (graduates) | $67.82/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
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 Delta College Inc.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,850 |
| 25th percentile | $4,004 |
| 75th percentile | $7,667 |
| 90th percentile (highest-debt students) | $10,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,200 |
| Middle income | $5,945 |
| High income | $7,682 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,200 |
| Continuing-generation students | $6,200 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,397 |
These indicators are derived from the underlying debt data and summarize the overall picture at Delta College Inc.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Delta College Inc:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3715 |
| Total Stafford loan amount | $25,070,312 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $45,402 |
| Average GI Bill amount per recipient | $11,351 |
References
More about our data sources and methodologies.