by our College Data Analytics TeamA lot of 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 Gulf Coast State College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will GCSC offer, and what will you qualify for? Read on for more information. Scroll down to discover how much school funding could be available 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 Gulf Coast State 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.
Looking at the entering class at Gulf Coast State College, 93% of first-year full-time students received aid of some kind (about 650 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $6,295 |
| Institutional grants & scholarships | 76% | $1,842 |
| Federal Pell grants | 42% | $7,935 |
| State/local grants | 35% | $2,827 |
| Federal student loans | 6% | $6,254 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, some 52% of undergraduates were awarded an average grant or scholarship of $5,968 (among about 2580 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $5,968 |
| Federal Pell grants | 28% | $6,472 |
| Federal student loans | 7% | $6,225 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $9,948.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $1,597 |
| $30,001 – $75,000 | $2,698 |
| Over $75,000 | $8,351 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $4,709 |
| Off-campus title-IV students | $2,339 |
For an estimate tailored to your family circumstances, see GCSC’s NPC: www.gulfcoast.edu/tuition-aid/financial-aid/net-price-calculator/index.html.
The middle student in the debt distribution at GCSC owes $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,147 |
| Typical 10-year monthly payment (graduates) | $75.77/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at GCSC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,398 |
| 25th percentile | $2,500 |
| 75th percentile | $10,500 |
| 90th percentile (highest-debt students) | $19,810 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,040 |
| Middle income | $5,286 |
| High income | $5,400 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,600 |
| Continuing-generation students | $5,444 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,135 |
| Independent students | $7,225 |
These indicators are derived from the underlying debt data and summarize the overall picture at GCSC.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at GCSC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6658 |
| Total Stafford loan amount | $58,302,723 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 149 |
| Total GI Bill amount | $330,531 |
| Average GI Bill amount per recipient | $2,218 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 35 |
| Total DoD amount | $28,936 |
| Average DoD amount per recipient | $827 |
References
More about our data sources and methodologies.