by our College Data Analytics TeamThe majority of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Patrick & Henry Community College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Patrick Henry offer you, and what will you qualify for? Read on for more information. Keep going to find out how much school funding will 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 Patrick & Henry Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Patrick & Henry Community College, 79% of first-year full-time students received aid of some kind approximately 262 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $7,449 |
| Institutional grants & scholarships | 2% | $447 |
| Federal Pell grants | 63% | $5,705 |
| State/local grants | 56% | $2,524 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Patrick Henry, some 59% of undergraduates were awarded grant or scholarship aid averaging $5,214 (across approximately 1149 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $5,214 |
| Federal Pell grants | 47% | $4,579 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $7,941.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $2,873 |
| $30,001 – $75,000 | $3,719 |
| Over $75,000 | $9,249 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,102 |
| Off-campus title-IV students | $3,430 |
For a customized cost estimate, visit Patrick Henry’s NPC: www.vawizard.org/vccs/FinAid.action.
A handful of calculated indicators summarize the debt outlook at Patrick Henry.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Patrick Henry:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11 |
| Total Stafford loan amount | $61,503 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $38,948 |
| Average GI Bill amount per recipient | $2,291 |
References
More about our data sources and methodologies.