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Coastal Alabama Community College Financial Aid and Scholarship Details

89% Freshmen Get Financial Aid
$7,260 Average Grant & Scholarship
68% Undergrads Get Grant Aid

The majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Coastal Alabama Community College can seem overwhelming, but bear in mind that many students are given some form of financial aid.

Just what financing solutions does Coastal Alabama Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to discover just how much financial aid could be open to you.

Why You Should Understand Coastal Alabama Community College Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Coastal Alabama Community College.

What First Years Receive at Coastal Alabama 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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Looking at the entering class at Coastal Alabama Community College, 89% of first-time, full-time freshmen received some form of financial aid some 1075 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)73%$8,922
Institutional grants & scholarships51%$5,380
Federal Pell grants55%$6,301
State/local grants14%$904
Federal student loans81%$1,965

Grant Aid for Undergraduates at Coastal Alabama Community College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Coastal Alabama Community College, some 68% of the undergraduate population received grant aid that averaged $7,260 (among about 4643 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)68%$7,260
Federal Pell grants36%$5,084
Federal student loans64%$2,224

Title-IV recipients living on campus saw average grant aid of $6,961.

How Cost Varies by Income at Coastal Alabama Community College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$7,411
$30,001 – $75,000$9,795
Over $75,000$13,064

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Coastal Alabama Community College

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.

CohortAverage Net Price
On-campus title-IV students$13,644
Off-campus title-IV students$9,514

To get a personalized net price estimate, try Coastal Alabama Community College’s online cost calculator: www.coastalalabama.edu/about/consumer_information/net_price_calculator/.

Typical Student Debt at Coastal Alabama Community College

The median student at Coastal Alabama Community College graduates with $5,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,500
Median federal debt (graduates only)$11,000
Typical 10-year monthly payment (graduates)$116.62/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Coastal Alabama Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,000
25th percentile$3,039
75th percentile$10,500
90th percentile (highest-debt students)$16,998

How Debt Outcomes Vary by Student Group at Coastal Alabama Community College

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$5,746
Middle income$6,261
High income$5,500

By First-Generation Status

CohortMedian federal debt
First-generation students$5,500
Continuing-generation students$5,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

Calculated Debt-Outcome Indicators

The figure below distills the debt data into a single burden category for Coastal Alabama Community College.

Federal Loan Volume at Coastal Alabama Community College

Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Coastal Alabama Community College:

MetricValue
Stafford loan recipients14761
Total Stafford loan amount$127,922,361

Veterans Benefits at Coastal Alabama Community College

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients121
Total GI Bill amount$368,063
Average GI Bill amount per recipient$3,042

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients15
Total DoD amount$22,622
Average DoD amount per recipient$1,508

References

More about our data sources and methodologies.

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