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Edison State Community College Financial Aid & Debt Outcomes

87% Freshmen Get Financial Aid
$2,159 Average Grant & Scholarship
54% Undergrads Get Grant Aid

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.

Understanding Edison Community College Financial Aid Info

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.

Average Freshman Financial Aid 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)85%$5,943
Institutional grants & scholarships46%$4,385
Federal Pell grants53%$5,265
State/local grants5%$2,499
Federal student loans13%$4,919

Free Money: Grants and Scholarships at Edison State Community College

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)54%$2,159
Federal Pell grants17%$3,708
Federal student loans6%$5,183

On-campus students receiving title-IV aid were awarded grants averaging $6,330.

Income-Adjusted Net Price at Edison State Community College

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$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 at Edison State Community College

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.

CohortAverage 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.

Student Debt Levels at Edison State Community College

The median federal debt load at Edison Community College comes to $9,278 of federal student loans.

MetricAmount
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.

Debt Spread by Percentile

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.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,000
25th percentile$3,634
75th percentile$17,500
90th percentile (highest-debt students)$32,997

Median Debt by Student Group at Edison State Community College

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$10,074
Middle income$8,678
High income$6,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$9,500
Continuing-generation students$8,018

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$6,500
Independent students$10,500

Is the Debt Manageable?

These indicators are derived from the underlying debt data and summarize the overall picture at Edison Community College.

Stafford Loan Activity at Edison State 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:

MetricValue
Stafford loan recipients5967
Total Stafford loan amount$89,260,527

Aid for Military-Affiliated Students at Edison State Community College

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients42
Total GI Bill amount$137,456
Average GI Bill amount per recipient$3,273

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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