by our College Data Analytics TeamA large number of students are not billed 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 total cost of going to Kennebec Valley Community College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financing options does Kennebec Valley Community College offer, and what will you qualify for? Keep scrolling for more information. Scroll down to see how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Kennebec Valley Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Kennebec Valley Community College, 94% of first-year full-time students received aid of some kind (about 246 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $5,850 |
| Institutional grants & scholarships | 27% | $1,649 |
| Federal Pell grants | 49% | $5,085 |
| State/local grants | 92% | $2,779 |
| Federal student loans | 10% | $5,883 |
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 this school, approximately 85% of undergraduates were awarded grant or scholarship aid averaging $3,485 (among about 2023 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $3,485 |
| Federal Pell grants | 31% | $4,428 |
| Federal student loans | 13% | $6,861 |
Title-IV recipients living on campus saw average grant aid of $8,239.
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 | $6,272 |
| $30,001 – $75,000 | $8,179 |
| Over $75,000 | $8,325 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $3,910 |
| Off-campus title-IV students | $6,994 |
To get a personalized net price estimate, try Kennebec Valley Community College’s NPC: my.kvcc.me.edu/ICS/Finances/Finances_Homepage.jnz?portlet=Net_Price_Calculator.
The median federal debt load at Kennebec Valley Community College comes to $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $13,255 |
| Typical 10-year monthly payment (graduates) | $140.53/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Kennebec Valley Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,336 |
| 25th percentile | $3,606 |
| 75th percentile | $15,250 |
| 90th percentile (highest-debt students) | $22,030 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,500 |
| Middle income | $9,235 |
| High income | $7,671 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $12,001 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Kennebec Valley Community College.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Kennebec Valley Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5090 |
| Total Stafford loan amount | $55,889,854 |
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 activity
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $30,537 |
| Average GI Bill amount per recipient | $2,776 |
References
More about our data sources and methodologies.