by our College Data Analytics TeamMost 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 price tag of going to Kirtland Community College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial assistance solutions will Kirtland Community College provide, and just what are you going to be eligible for? Read on for answers. Read on to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Kirtland Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Kirtland Community College, 95% of first-year full-time students received aid of some kind around 91 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $8,240 |
| Institutional grants & scholarships | 43% | $2,069 |
| Federal Pell grants | 59% | $5,808 |
| State/local grants | 56% | $5,018 |
| Federal student loans | 30% | $4,777 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Kirtland Community College, some 54% of the undergraduate population received grant aid that averaged $6,601 (across roughly 825 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $6,601 |
| Federal Pell grants | 36% | $5,150 |
| Federal student loans | 27% | $6,452 |
For students living on campus and receiving title-IV aid, grants averaged $8,534.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,591 |
| $30,001 – $75,000 | $10,458 |
| Over $75,000 | $14,698 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,456 |
| Off-campus title-IV students | $9,615 |
To project your own net price, use Kirtland Community College’s net price tool: www.kirtland.edu/static/net-price-calculator/.
The middle student in the debt distribution at Kirtland Community College owes $7,043 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,043 |
| Median federal debt (graduates only) | $13,067 |
| Typical 10-year monthly payment (graduates) | $138.53/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Kirtland Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,500 |
| 75th percentile | $14,000 |
| 90th percentile (highest-debt students) | $21,750 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,250 |
| Middle income | $7,388 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,401 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Kirtland Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Kirtland Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4302 |
| Total Stafford loan amount | $43,300,917 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 39 |
| Total GI Bill amount | $175,989 |
| Average GI Bill amount per recipient | $4,513 |
References
More about our data sources and methodologies.