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Delta College of Arts & Technology - Lafayette Campus Financial Aid & Debt Outcomes

100% Freshmen Get Financial Aid
$7,359 Average Grant & Scholarship
81% Undergrads Get Grant Aid

Most students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Delta College of Arts & Technology - Lafayette Campus can seem overwhelming, but bear in mind that many students are given some form of financial aid.

What financial assistance options will Delta College of Arts & Technology - Lafayette Campus offer, and what will you qualify for? Read on for more information. Keep going to see just how much financial aid could be open to you.

Importance of Delta College of Arts & Technology - Lafayette Campus Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Delta College of Arts & Technology - Lafayette Campus.

Average Freshman Financial Aid at Delta College of Arts & Technology - Lafayette Campus

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

For freshmen starting at Delta College of Arts & Technology - Lafayette Campus, 100% of new full-time first-years were awarded at least some aid approximately 31 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)97%$7,749
Institutional grants & scholarships0%
Federal Pell grants90%$5,540
State/local grants55%$4,233
Federal student loans90%$3,971

Scholarships and Grants at Delta College of Arts & Technology - Lafayette Campus

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, around 81% of the undergraduate population received grant aid that averaged $7,359 (for some 211 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)81%$7,359
Federal Pell grants73%$5,557
Federal student loans60%$5,479

For on-campus title-IV students, average grant aid came to $6,165.

Aid by Income Level at Delta College of Arts & Technology - Lafayette Campus

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$21,103
$30,001 – $75,000$24,647

Remember these are net prices — what families pay after gift aid, not before.

Average Net Price for Delta College of Arts & Technology - Lafayette Campus

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.

CohortAverage Net Price
On-campus title-IV students$21,578
Off-campus title-IV students$22,230

For a customized cost estimate, visit Delta College of Arts & Technology - Lafayette Campus’s net price tool: deltacollege.com/consumer-info/.

Typical Student Debt at Delta College of Arts & Technology - Lafayette Campus

Graduating students at Delta College of Arts & Technology - Lafayette Campus carry a median federal student debt of $5,899 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,899
Median federal debt (graduates only)$7,393
Typical 10-year monthly payment (graduates)$78.38/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

How Debt Is Distributed Across Students

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Delta College of Arts & Technology - Lafayette Campus.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$3,500
75th percentile$8,480
90th percentile (highest-debt students)$12,000

Median Debt by Student Group at Delta College of Arts & Technology - Lafayette Campus

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$5,843
Middle income$8,189
High income$6,153

By First-Generation Status

CohortMedian federal debt
First-generation students$5,869
Continuing-generation students$7,000

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$5,997

At-a-Glance Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Delta College of Arts & Technology - Lafayette Campus.

Federal Stafford Lending at Delta College of Arts & Technology - Lafayette Campus

The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Delta College of Arts & Technology - Lafayette Campus:

MetricValue
Stafford loan recipients5418
Total Stafford loan amount$41,183,559

Military and Veterans Aid at Delta College of Arts & Technology - Lafayette Campus

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients4
Total GI Bill amount$79,350
Average GI Bill amount per recipient$19,838

Delta College of Arts & Technology - Lafayette Campus Financial Aid Resources

References

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