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Frederick Community College Financial Aid & Scholarships

60% Freshmen Get Financial Aid
$5,327 Average Grant & Scholarship
27% Undergrads Get Grant Aid

Most students are not billed 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 Frederick Community College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financial assistance solutions will Frederick Community College provide, and just what are you going to be eligible for? Read on for answers. Read on to see how much school funding could be available to you.

Why You Should Understand Frederick Community College Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Frederick Community College.

Average Freshman Financial Aid at Frederick Community College

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

Looking at the entering class at Frederick Community College, 60% of new full-time first-years were awarded at least some aid approximately 462 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)54%$4,875
Institutional grants & scholarships34%$1,519
Federal Pell grants26%$6,241
State/local grants15%$2,945
Federal student loans13%$5,749

Free Money: Grants and Scholarships at Frederick Community College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Frederick Community College, approximately 27% of the undergraduate population received grant aid that averaged $5,327 (for some 1821 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)27%$5,327
Federal Pell grants16%$6,235
Federal student loans8%$7,137

For students living on campus and receiving title-IV aid, grants averaged $5,333.

Income-Adjusted Net Price at Frederick Community 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$974
$30,001 – $75,000$2,741
Over $75,000$7,298

Each figure is the net price after grants and scholarships, not the published sticker price.

The Real Cost of Attending Frederick Community College

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$9,465
Off-campus title-IV students$4,023

For a personalized estimate based on your family’s financial situation, use Frederick Community College’s online cost calculator: apps.frederick.edu/pages/NetPriceCalculator/npcalc.htm.

Student Debt Levels at Frederick Community College

The middle student in the debt distribution at Frederick Community College owes $5,500 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$8,150
Typical 10-year monthly payment (graduates)$86.4/mo

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

The Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Frederick Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,626
25th percentile$2,750
75th percentile$9,500
90th percentile (highest-debt students)$15,215

Median Debt by Student Group at Frederick Community College

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

By Family Income

Income tierMedian federal debt
Low income$6,258
Middle income$5,088
High income$5,500

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$5,500
Continuing-generation students$5,500

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$6,522

At-a-Glance Debt Indicators

A handful of calculated indicators summarize the debt outlook at Frederick Community College.

Federal Student Loans at Frederick Community College

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

MetricValue
Stafford loan recipients4988
Total Stafford loan amount$41,604,096

Military and Veterans Aid at Frederick Community College

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients94
Total GI Bill amount$226,825
Average GI Bill amount per recipient$2,413

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients14
Total DoD amount$16,770
Average DoD amount per recipient$1,198

External Resources for Frederick Community College

References

More about our data sources and methodologies.

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