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Jefferson Community and Technical College Financial Aid Details

93% Freshmen Get Financial Aid
$3,349 Average Grant & Scholarship
86% Undergrads Get Grant Aid

A large number of 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 Jefferson Community and Technical College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financial assistance solutions will Jefferson Community and Technical College deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to learn what amount of financial assistance will be accessible to you.

Understanding Jefferson Community and Technical College Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Jefferson Community and Technical College.

Freshman Financial Aid at Jefferson Community and Technical College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

Looking at the entering class at Jefferson Community and Technical College, 93% of new full-time first-years were awarded at least some aid approximately 811 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)92%$6,512
Institutional grants & scholarships31%$2,756
Federal Pell grants59%$5,297
State/local grants83%$2,322
Federal student loans9%$4,467

Undergraduate Grant Aid at Jefferson Community and Technical College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Jefferson Community and Technical College, around 86% of undergraduates were awarded an average grant or scholarship of $3,349 (covering around 10777 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)86%$3,349
Federal Pell grants29%$4,331
Federal student loans9%$5,296

For on-campus title-IV students, average grant aid came to $8,081.

Income-Adjusted Net Price at Jefferson Community and Technical College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$5,233
$30,001 – $75,000$6,172
Over $75,000$10,949

Each figure is the net price after grants and scholarships, not the published sticker price.

The Real Cost of Attending Jefferson Community and Technical College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$6,376
Off-campus title-IV students$6,058

For an estimate tailored to your family circumstances, see Jefferson Community and Technical College’s NPC: jefferson.kctcs.edu/affording-college/net-price-calculator/index.aspx.

How Much Students Borrow at Jefferson Community and Technical College

The middle student in the debt distribution at Jefferson Community and Technical College owes $6,989 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$6,989
Median federal debt (graduates only)$11,651
Typical 10-year monthly payment (graduates)$123.52/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Jefferson Community and Technical College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$3,179
75th percentile$14,543
90th percentile (highest-debt students)$24,895

Median Debt by Student Group at Jefferson Community and Technical College

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$7,555
Middle income$6,500
High income$5,996

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$7,000
Continuing-generation students$6,663

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$8,811

Debt Burden Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Jefferson Community and Technical College.

Student Loans at Jefferson Community and Technical College

The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Jefferson Community and Technical College:

MetricValue
Stafford loan recipients30209
Total Stafford loan amount$372,646,730

Military and Veterans Aid at Jefferson Community and Technical College

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

GI Bill volume

MetricValue
GI Bill recipients292
Total GI Bill amount$752,797
Average GI Bill amount per recipient$2,578

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients15
Total DoD amount$24,119
Average DoD amount per recipient$1,608

References

More about our data sources and methodologies.

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