by our College Data Analytics TeamA large number of students are not billed 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 Gaston College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does Gaston College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see what amount of financial assistance could 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Gaston 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.
For freshmen starting at Gaston College, 68% of the incoming full-time class was awarded financial aid around 276 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $8,497 |
| Institutional grants & scholarships | 15% | $2,305 |
| Federal Pell grants | 45% | $9,266 |
| State/local grants | 30% | $1,238 |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Gaston College, about 31% of undergraduates were awarded grant or scholarship aid averaging $8,733 (across approximately 1845 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 31% | $8,733 |
| Federal Pell grants | 26% | $9,018 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $10,274.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,367 |
| $30,001 – $75,000 | $6,264 |
| Over $75,000 | $7,675 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,592 |
| Off-campus title-IV students | $5,752 |
For an estimate tailored to your family circumstances, see Gaston College’s NPC: www.gaston.edu/netprice/npcalc.htm.
A handful of calculated indicators summarize the debt outlook at Gaston College.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Gaston College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 379 |
| Total Stafford loan amount | $2,312,074 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 93 |
| Total GI Bill amount | $174,102 |
| Average GI Bill amount per recipient | $1,872 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $912 |
| Average DoD amount per recipient | $912 |
References
More about our data sources and methodologies.