by our College Data Analytics TeamA large number of students are not billed 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 cost of going to Great Basin College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can Great Basin College provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Great Basin College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Great Basin College, 61% of the incoming full-time class was awarded financial aid some 87 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $6,129 |
| Institutional grants & scholarships | 19% | $1,817 |
| Federal Pell grants | 43% | $5,031 |
| State/local grants | 53% | $2,020 |
| Federal student loans | 10% | $6,006 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Great Basin College, around 36% of undergraduates were awarded an average grant or scholarship of $3,321 (across roughly 1045 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $3,321 |
| Federal Pell grants | 23% | $4,270 |
| Federal student loans | 5% | $6,969 |
Title-IV recipients living on campus saw average grant aid of $4,476.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,876 |
| $30,001 – $75,000 | $7,490 |
| Over $75,000 | $10,447 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $8,471 |
| Off-campus title-IV students | $7,523 |
To project your own net price, use Great Basin College’s official net price calculator: www.gbcnv.edu/financial/calculator/npcalc.htm.
The median student at Great Basin College graduates with $8,973 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,973 |
| Median federal debt (graduates only) | $15,750 |
| Typical 10-year monthly payment (graduates) | $166.98/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Great Basin College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,539 |
| 75th percentile | $14,350 |
| 90th percentile (highest-debt students) | $27,250 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,184 |
| Middle income | $9,500 |
| High income | $9,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,987 |
| Continuing-generation students | $8,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Great Basin College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Great Basin College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2395 |
| Total Stafford loan amount | $33,218,635 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 57 |
| Total GI Bill amount | $91,479 |
| Average GI Bill amount per recipient | $1,605 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 10 |
| Total DoD amount | $13,929 |
| Average DoD amount per recipient | $1,393 |
References
More about our data sources and methodologies.