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Galveston College Financial Aid & Debt Outcomes

90% Freshmen Get Financial Aid
$3,897 Average Grant & Scholarship
75% Undergrads Get Grant Aid

A large number 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 Galveston College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

Just what financial assistance solutions will Galveston College provide, and just what are you going to be eligible for? Read on for answers. Read on to see just how much financial aid could be open to you.

Importance of Galveston College Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Galveston College.

Financial Aid for First-Year Students at Galveston College

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Looking at the entering class at Galveston College, 90% of first-year full-time students received aid of some kind some 205 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)90%$6,258
Institutional grants & scholarships29%$4,560
Federal Pell grants58%$6,097
State/local grants29%$2,809
Federal student loans10%$4,240

Scholarship and Grant Awards at Galveston College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Galveston College, roughly 75% of undergrads got grants or scholarships worth on average $3,897 (across roughly 1589 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)75%$3,897
Federal Pell grants41%$4,520
Federal student loans9%$6,428

For students living on campus and receiving title-IV aid, grants averaged $6,926.

Net Price by Family Income at Galveston College

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$7,411
$30,001 – $75,000$8,006
Over $75,000$11,990

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

Average Net Price for Galveston College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$8,412
Off-campus title-IV students$8,127

For a customized cost estimate, visit Galveston College’s net price tool: www.highered.texas.gov/apps/NPC/?Fice=006662.

How Much Students Borrow at Galveston College

The median student at Galveston College graduates with $7,250 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$7,250
Median federal debt (graduates only)$10,311
Typical 10-year monthly payment (graduates)$109.31/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Debt Spread by Percentile

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Galveston College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$2,975
75th percentile$11,168
90th percentile (highest-debt students)$18,395

Debt Outcomes by Student Group at Galveston College

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

By Family Income

Income tierMedian federal debt
Low income$8,949
Middle income$5,342
High income$5,500

By First-Generation Status

CohortMedian federal debt
First-generation students$7,358
Continuing-generation students$6,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$4,546
Independent students$9,463

Summary Debt Indicators

The figure below distills the debt data into a single burden category for Galveston College.

Federal Stafford Lending at Galveston College

The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Galveston College:

MetricValue
Stafford loan recipients2309
Total Stafford loan amount$23,518,068

Veteran and Military Aid at Galveston College

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients37
Total GI Bill amount$88,128
Average GI Bill amount per recipient$2,382

Galveston College Financial Aid Resources

References

More about our data sources and methodologies.

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