by our College Data Analytics TeamMost 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 Grossmont College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Grossmont College deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Grossmont 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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Grossmont College, 68% of entering full-time freshmen got some type of financial assistance roughly 919 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $6,370 |
| Institutional grants & scholarships | 0% | $275 |
| Federal Pell grants | 44% | $5,958 |
| State/local grants | 66% | $2,108 |
| Federal student loans | 1% | $3,975 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Grossmont College, about 53% of undergrads got grants or scholarships worth on average $4,333 (among about 7223 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $4,333 |
| Federal Pell grants | 24% | $4,852 |
| Federal student loans | 1% | $6,193 |
For students living on campus and receiving title-IV aid, grants averaged $8,716.
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 | $1,925 |
| $30,001 – $75,000 | $3,624 |
| Over $75,000 | $8,460 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,311 |
| Off-campus title-IV students | $2,755 |
To get a personalized net price estimate, try Grossmont College’s NPC: misweb.cccco.edu/npc/022/npcalc.htm.
The median student at Grossmont College graduates with $4,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,500 |
| Median federal debt (graduates only) | $8,625 |
| Typical 10-year monthly payment (graduates) | $91.44/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
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 Grossmont College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,000 |
| 75th percentile | $5,000 |
| 90th percentile (highest-debt students) | $8,887 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $4,500 |
| Middle income | $4,334 |
| High income | $3,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,500 |
| Continuing-generation students | $4,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $5,000 |
A handful of calculated indicators summarize the debt outlook at Grossmont College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Grossmont College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4771 |
| Total Stafford loan amount | $26,710,662 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.