by our College Data Analytics TeamA lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Fayetteville Technical Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will FTCC deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Fayetteville Technical Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Fayetteville Technical Community College, 67% of first-year full-time students received aid of some kind approximately 412 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $7,346 |
| Institutional grants & scholarships | 7% | $1,308 |
| Federal Pell grants | 52% | $9,054 |
| State/local grants | 9% | $1,377 |
| Federal student loans | 24% | $5,902 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At FTCC, approximately 39% of undergrads got grants or scholarships worth on average $7,801 (covering around 4231 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $7,801 |
| Federal Pell grants | 33% | $8,571 |
| Federal student loans | 17% | $7,306 |
On-campus students receiving title-IV aid were awarded grants averaging $7,688.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,264 |
| $30,001 – $75,000 | $4,525 |
| Over $75,000 | $7,425 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $3,589 |
| Off-campus title-IV students | $3,723 |
For an estimate tailored to your family circumstances, see FTCC’s online cost calculator: www2.faytechcc.edu/npcalc/npcalc.htm.
The median student at FTCC graduates with $8,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,000 |
| Median federal debt (graduates only) | $11,500 |
| Typical 10-year monthly payment (graduates) | $121.92/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at FTCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,832 |
| 25th percentile | $3,026 |
| 75th percentile | $10,671 |
| 90th percentile (highest-debt students) | $19,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,248 |
| Middle income | $7,915 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,174 |
| Continuing-generation students | $6,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for FTCC.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at FTCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 25545 |
| Total Stafford loan amount | $299,786,119 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1021 |
| Total GI Bill amount | $1,455,626 |
| Average GI Bill amount per recipient | $1,426 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1470 |
| Total DoD amount | $1,106,763 |
| Average DoD amount per recipient | $753 |
References
More about our data sources and methodologies.