by our College Data Analytics TeamMany students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Greenfield Community College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Greenfield Community College deliver, 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.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Greenfield Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
At Greenfield Community College, 68% of entering full-time freshmen got some type of financial assistance some 68 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $7,078 |
| Institutional grants & scholarships | 9% | $1,300 |
| Federal Pell grants | 47% | $5,381 |
| State/local grants | 58% | $2,945 |
| Federal student loans | 3% | $4,042 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Greenfield Community College, around 49% of the undergraduate population received grant aid that averaged $5,434 (covering around 753 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $5,434 |
| Federal Pell grants | 38% | $3,687 |
| Federal student loans | 7% | $4,424 |
Title-IV recipients living on campus saw average grant aid of $7,083.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,705 |
| $30,001 – $75,000 | $7,365 |
| Over $75,000 | $12,643 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,679 |
| Off-campus title-IV students | $8,081 |
To project your own net price, use Greenfield Community College’s online cost calculator: www.gcc.mass.edu/financial-aid/net-price-calculator/.
A typical borrower at Greenfield Community College leaves with $5,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $8,307 |
| Typical 10-year monthly payment (graduates) | $88.07/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. These percentiles trace how cumulative federal debt is spread among borrowers at Greenfield Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,125 |
| 25th percentile | $2,239 |
| 75th percentile | $8,600 |
| 90th percentile (highest-debt students) | $14,278 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,250 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,599 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,333 |
| Independent students | $6,450 |
The figure below distills the debt data into a single burden category for Greenfield Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Greenfield Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4116 |
| Total Stafford loan amount | $32,689,483 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $20,500 |
| Average GI Bill amount per recipient | $2,278 |
References
More about our data sources and methodologies.