Many 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 price tag of going to Edison State Community College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can Edison Community College offer you, and what will you qualify for? Keep reading for more information. Read on to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Edison State Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Edison State Community College, 87% of first-year full-time students received aid of some kind around 178 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $5,943 |
| Institutional grants & scholarships | 46% | $4,385 |
| Federal Pell grants | 53% | $5,265 |
| State/local grants | 5% | $2,499 |
| Federal student loans | 13% | $4,919 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, approximately 54% of undergraduates were awarded grant or scholarship aid averaging $2,159 (for some 2478 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $2,159 |
| Federal Pell grants | 17% | $3,708 |
| Federal student loans | 6% | $5,183 |
On-campus students receiving title-IV aid were awarded grants averaging $6,330.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,030 |
| $30,001 – $75,000 | $8,760 |
| Over $75,000 | $9,974 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,142 |
| Off-campus title-IV students | $8,503 |
For a personalized estimate based on your family’s financial situation, use Edison Community College’s official net price calculator: www.edisonohio.edu/tuition-aid/financial-aid/net-price-calculator.
The median federal debt load at Edison Community College comes to $9,278 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,278 |
| Median federal debt (graduates only) | $16,250 |
| Typical 10-year monthly payment (graduates) | $172.28/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Edison Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,634 |
| 75th percentile | $17,500 |
| 90th percentile (highest-debt students) | $32,997 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,074 |
| Middle income | $8,678 |
| High income | $6,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,018 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $10,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Edison Community College.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Edison Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5967 |
| Total Stafford loan amount | $89,260,527 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 42 |
| Total GI Bill amount | $137,456 |
| Average GI Bill amount per recipient | $3,273 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.