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 price tag of going to Paris Junior College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will Paris Junior College offer you, and what will you qualify for? Read on for more information. Keep reading to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Paris Junior College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Paris Junior College, 79% of first-year full-time students received aid of some kind around 349 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $7,596 |
| Institutional grants & scholarships | 35% | $3,355 |
| Federal Pell grants | 62% | $6,131 |
| State/local grants | 20% | $4,725 |
| Federal student loans | 3% | $4,033 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 33% of undergraduates were awarded grant or scholarship aid averaging $5,858 (for some 1479 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 33% | $5,858 |
| Federal Pell grants | 26% | $5,050 |
| Federal student loans | 2% | $5,224 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,936.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,348 |
| $30,001 – $75,000 | $7,655 |
| Over $75,000 | $9,041 |
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 | $7,690 |
| Off-campus title-IV students | $6,662 |
To get a personalized net price estimate, try Paris Junior College’s net price tool: apps.highered.texas.gov/net-price-calculator/.
A typical borrower at Paris Junior College leaves with $4,300 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,300 |
| Median federal debt (graduates only) | $5,342 |
| Typical 10-year monthly payment (graduates) | $56.63/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Paris Junior College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,250 |
| 75th percentile | $4,500 |
| 90th percentile (highest-debt students) | $6,000 |
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 | $4,750 |
| Middle income | $4,125 |
| High income | $3,584 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,500 |
| Continuing-generation students | $3,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $4,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Paris Junior College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Paris Junior College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3732 |
| Total Stafford loan amount | $24,879,985 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 46 |
| Total GI Bill amount | $129,819 |
| Average GI Bill amount per recipient | $2,822 |
References
More about our data sources and methodologies.