by our College Data Analytics TeamMany students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Green River College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can GRC offer you, and what will you qualify for? Keep reading for more information. Scroll down to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Green River College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Green River College, 60% of entering full-time freshmen got some type of financial assistance (about 391 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $7,198 |
| Institutional grants & scholarships | 8% | $1,502 |
| Federal Pell grants | 36% | $5,148 |
| State/local grants | 47% | $3,701 |
| Federal student loans | 11% | $4,880 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 31% of the undergraduate population received grant aid that averaged $7,464 (across approximately 2296 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 31% | $7,464 |
| Federal Pell grants | 19% | $4,881 |
| Federal student loans | 6% | $6,415 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,237.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,029 |
| $30,001 – $75,000 | $12,542 |
| Over $75,000 | $16,854 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,803 |
| Off-campus title-IV students | $12,447 |
For a customized cost estimate, visit GRC’s net price calculator: grcc.greenriver.edu/netprice/.
The median federal debt load at GRC comes to $7,125 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,125 |
| Median federal debt (graduates only) | $11,891 |
| Typical 10-year monthly payment (graduates) | $126.06/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at GRC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,767 |
| 75th percentile | $11,037 |
| 90th percentile (highest-debt students) | $19,377 |
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 | $8,305 |
| Middle income | $7,926 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,125 |
| Continuing-generation students | $7,625 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,334 |
| Independent students | $9,659 |
A handful of calculated indicators summarize the debt outlook at GRC.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at GRC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9761 |
| Total Stafford loan amount | $102,580,186 |
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 | 223 |
| Total GI Bill amount | $963,220 |
| Average GI Bill amount per recipient | $4,319 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 18 |
| Total DoD amount | $34,657 |
| Average DoD amount per recipient | $1,925 |
References
More about our data sources and methodologies.