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 sum total of attendance at MyComputerCareer at Raleigh can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will MyComputerCareer - Raleigh offer you, and what will you qualify for? Read on for more information. Keep reading to discover what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from MyComputerCareer at Raleigh.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at MyComputerCareer at Raleigh, 92% of entering full-time freshmen got some type of financial assistance (about 1263 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $6,627 |
| Institutional grants & scholarships | 7% | $4,516 |
| Federal Pell grants | 75% | $6,384 |
| State/local grants | 0% | — |
| Federal student loans | 87% | $8,877 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At MyComputerCareer - Raleigh, about 68% of undergrads got grants or scholarships worth on average $6,788 (across roughly 1915 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $6,788 |
| Federal Pell grants | 66% | $6,400 |
| Federal student loans | 80% | $9,021 |
For on-campus title-IV students, average grant aid came to $5,407.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $26,189 |
| $30,001 – $75,000 | $26,905 |
| Over $75,000 | $28,022 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,528 |
| Off-campus title-IV students | $26,317 |
For an estimate tailored to your family circumstances, see MyComputerCareer - Raleigh’s net price calculator: www.mycomputercareer.edu/net-price-calculator-raleigh/.
A typical borrower at MyComputerCareer - Raleigh leaves with $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at MyComputerCareer - Raleigh.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
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 | $9,500 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| 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 MyComputerCareer - Raleigh.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at MyComputerCareer - Raleigh:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9802 |
| Total Stafford loan amount | $77,898,933 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 413 |
| Total GI Bill amount | $7,923,557 |
| Average GI Bill amount per recipient | $19,185 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.