by our College Data Analytics TeamMany students will never be charged 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 Florence-Darlington Technical College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will Florence-Darlington Technical College offer, and what will you qualify for? Read on for more information. Keep scrolling to find out what amount of financial assistance will be accessible to you.
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 Florence-Darlington Technical 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.
Among first-time, full-time freshmen at Florence-Darlington Technical College, 95% of new full-time first-years were awarded at least some aid some 455 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $7,633 |
| Institutional grants & scholarships | 7% | $1,556 |
| Federal Pell grants | 63% | $5,912 |
| State/local grants | 75% | $4,456 |
| Federal student loans | 9% | $4,695 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Florence-Darlington Technical College, some 88% of the undergraduate population received grant aid that averaged $5,134 (across approximately 3095 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $5,134 |
| Federal Pell grants | 47% | $4,944 |
| Federal student loans | 11% | $4,770 |
For on-campus title-IV students, average grant aid came to $8,727.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $269 |
| $30,001 – $75,000 | $944 |
| Over $75,000 | $3,443 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $2,004 |
| Off-campus title-IV students | $598 |
For an estimate tailored to your family circumstances, see Florence-Darlington Technical College’s online cost calculator: www.fdtc.edu/apps/net-price-calculator/.
Graduating students at Florence-Darlington Technical College carry a median federal student debt of $6,750 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,750 |
| Median federal debt (graduates only) | $12,250 |
| Typical 10-year monthly payment (graduates) | $129.87/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Florence-Darlington Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,700 |
| 25th percentile | $2,853 |
| 75th percentile | $14,750 |
| 90th percentile (highest-debt students) | $28,101 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,000 |
| Middle income | $6,192 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,750 |
| Continuing-generation students | $7,029 |
By Dependency Status
| 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 Florence-Darlington Technical College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Florence-Darlington Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12459 |
| Total Stafford loan amount | $157,822,380 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 90 |
| Total GI Bill amount | $341,850 |
| Average GI Bill amount per recipient | $3,798 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 7 |
| Total DoD amount | $10,367 |
| Average DoD amount per recipient | $1,481 |
References
More about our data sources and methodologies.