by our College Data Analytics TeamMost 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 Douglas Education Center can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financing solutions does Douglas Education Center deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out 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. Read on to get a sense of the financial assistance available at Douglas Education Center.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. 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 Douglas Education Center, 85% of first-time, full-time freshmen received some form of financial aid roughly 88 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $7,795 |
| Institutional grants & scholarships | 16% | $3,648 |
| Federal Pell grants | 43% | $6,126 |
| State/local grants | 17% | $5,324 |
| Federal student loans | 71% | $5,818 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, approximately 55% of undergraduates were awarded grant or scholarship aid averaging $7,166 (among about 109 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $7,166 |
| Federal Pell grants | 42% | $5,924 |
| Federal student loans | 67% | $6,332 |
Title-IV recipients living on campus saw average grant aid of $5,419.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,848 |
| $30,001 – $75,000 | $27,081 |
| Over $75,000 | $30,729 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,348 |
| Off-campus title-IV students | $26,922 |
For a customized cost estimate, visit Douglas Education Center’s official net price calculator: www.dec.edu/NetPriceCalculator/.
The middle student in the debt distribution at Douglas Education Center owes $12,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Douglas Education Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,583 |
| 25th percentile | $8,541 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $20,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $11,965 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $11,342 |
These indicators are derived from the underlying debt data and summarize the overall picture at Douglas Education Center.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Douglas Education Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2440 |
| Total Stafford loan amount | $32,486,129 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $124,890 |
| Average GI Bill amount per recipient | $12,489 |
References
More about our data sources and methodologies.