by our College Data Analytics TeamMany students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Labette Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will Labette Community College offer you, and what will you qualify for? Read on for more information. Keep reading to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Labette 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. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Labette Community College, 94% of new full-time first-years were awarded at least some aid roughly 176 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $5,086 |
| Institutional grants & scholarships | 80% | $1,887 |
| Federal Pell grants | 46% | $5,720 |
| State/local grants | 6% | $3,286 |
| Federal student loans | 9% | $4,861 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 44% of undergraduates were awarded an average grant or scholarship of $4,723 (among about 647 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $4,723 |
| Federal Pell grants | 23% | $5,092 |
| Federal student loans | 8% | $5,380 |
Title-IV recipients living on campus saw average grant aid of $7,425.
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 | $6,859 |
| $30,001 – $75,000 | $7,418 |
| Over $75,000 | $10,792 |
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 | $5,939 |
| Off-campus title-IV students | $7,795 |
To get a personalized net price estimate, try Labette Community College’s net price tool: www.labette.edu/financialaid/netprice/index.html.
The middle student in the debt distribution at Labette Community College owes $6,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Labette Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,704 |
| 25th percentile | $2,750 |
| 75th percentile | $10,000 |
| 90th percentile (highest-debt students) | $19,100 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,478 |
| Middle income | $5,500 |
| High income | $6,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,000 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $10,125 |
A handful of calculated indicators summarize the debt outlook at Labette Community College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Labette Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2587 |
| Total Stafford loan amount | $19,032,489 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $90,343 |
| Average GI Bill amount per recipient | $4,517 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $246 |
| Average DoD amount per recipient | $246 |
References
More about our data sources and methodologies.