by our College Data Analytics TeamMost 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 Eastern Gateway Community College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial aid options can Eastern Gateway Community College offer, and what will you qualify for? Keep reading for more information. Keep scrolling to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Eastern Gateway Community College.
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.
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 | $3,602 |
| $30,001 – $75,000 | $4,735 |
| Over $75,000 | $5,247 |
Remember these are net prices — what families pay after gift aid, not before.
The median student at Eastern Gateway Community College graduates with $3,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,500 |
| Median federal debt (graduates only) | $4,250 |
| Typical 10-year monthly payment (graduates) | $45.06/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Eastern Gateway Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,233 |
| 25th percentile | $2,282 |
| 75th percentile | $9,582 |
| 90th percentile (highest-debt students) | $16,118 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,021 |
| Middle income | $3,000 |
| High income | $3,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,847 |
| Continuing-generation students | $2,440 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,080 |
| Independent students | $3,147 |
A handful of calculated indicators summarize the debt outlook at Eastern Gateway Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Eastern Gateway Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6194 |
| Total Stafford loan amount | $38,820,842 |
References
More about our data sources and methodologies.