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 price tag of going to Glen Oaks Community College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will GOCC offer, and what will you qualify for? Read on for more information. Keep going to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Glen Oaks Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Glen Oaks Community College, 97% of first-year full-time students received aid of some kind some 144 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $7,313 |
| Institutional grants & scholarships | 46% | $2,327 |
| Federal Pell grants | 56% | $5,821 |
| State/local grants | 62% | $4,048 |
| Federal student loans | 26% | $4,961 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At GOCC, around 42% of undergraduate students received gift aid averaging $5,908 (across roughly 510 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $5,908 |
| Federal Pell grants | 25% | $4,684 |
| Federal student loans | 10% | $5,611 |
For students living on campus and receiving title-IV aid, grants averaged $8,206.
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 | $5,968 |
| $30,001 – $75,000 | $7,435 |
| Over $75,000 | $12,298 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,918 |
| Off-campus title-IV students | $7,930 |
To get a personalized net price estimate, try GOCC’s net price calculator: www.glenoaks.edu/netpricecalc/index.html.
Graduating students at GOCC carry a median federal student debt of $5,543 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,543 |
| Median federal debt (graduates only) | $10,794 |
| Typical 10-year monthly payment (graduates) | $114.43/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at GOCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,800 |
| 25th percentile | $2,762 |
| 75th percentile | $10,500 |
| 90th percentile (highest-debt students) | $17,079 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,096 |
| Middle income | $6,024 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,542 |
| Continuing-generation students | $5,561 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,500 |
The figure below distills the debt data into a single burden category for GOCC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at GOCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2304 |
| Total Stafford loan amount | $20,816,831 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 13 |
| Total GI Bill amount | $58,501 |
| Average GI Bill amount per recipient | $4,500 |
References
More about our data sources and methodologies.