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Las Vegas College Paying for Your Degree

97% Freshmen Get Financial Aid
$5,397 Average Grant & Scholarship
52% Undergrads Get Grant Aid

A lot of 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 sum total of attendance at Las Vegas College can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financial aid options can Las Vegas College offer, and what will you qualify for? Keep reading for more information. Read on to see how much school funding could be available to you.

Importance of Las Vegas 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. The figures below will help you estimate the aid you might receive from Las Vegas College.

What First Years Receive at Las Vegas College

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.

At Las Vegas College, 97% of first-year full-time students received aid of some kind some 67 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)68%$5,782
Institutional grants & scholarships0%
Federal Pell grants68%$5,782
State/local grants0%
Federal student loans90%$8,423

Free Money: Grants and Scholarships at Las Vegas College

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 52% of undergraduates were awarded grant or scholarship aid averaging $5,397 (across approximately 281 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)52%$5,397
Federal Pell grants51%$5,297
Federal student loans68%$9,447

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,246.

Aid by Income Level at Las Vegas College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$27,980
$30,001 – $75,000$29,851
Over $75,000$33,134

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

The Real Cost of Attending Las Vegas College

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$29,880
Off-campus title-IV students$29,115

To project your own net price, use Las Vegas College’s official net price calculator: lvcollege.edu/net-price-calculator/.

Typical Student Debt at Las Vegas College

The median federal debt load at Las Vegas College comes to $7,951 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$7,951
Median federal debt (graduates only)$8,279
Typical 10-year monthly payment (graduates)$87.77/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

How Debt Is Distributed Across Students

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Las Vegas College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,507
25th percentile$4,522
75th percentile$19,883
90th percentile (highest-debt students)$28,091

Debt Outcomes by Student Group at Las Vegas College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$7,867
Middle income$8,444
High income$8,444

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$7,951
Continuing-generation students$7,951

By Dependency Status

CohortMedian federal debt
Dependent students$4,889
Independent students$8,195

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at Las Vegas College.

Stafford Loan Activity at Las Vegas College

The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Las Vegas College:

MetricValue
Stafford loan recipients18118
Total Stafford loan amount$217,339,773

Veterans Benefits at Las Vegas College

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients19
Total GI Bill amount$232,836
Average GI Bill amount per recipient$12,255

References

More about our data sources and methodologies.

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