by our College Data Analytics TeamA large number of students will not be asked to pay 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 sum total of attendance at Pearl River Community College can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Pearl River Community College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Pearl River 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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Pearl River Community College, 97% of entering full-time freshmen got some type of financial assistance (about 798 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $7,374 |
| Institutional grants & scholarships | 59% | $2,864 |
| Federal Pell grants | 71% | $7,193 |
| State/local grants | 19% | $934 |
| Federal student loans | 28% | $4,951 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, roughly 75% of undergrads got grants or scholarships worth on average $6,538 (covering around 4243 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $6,538 |
| Federal Pell grants | 52% | $6,988 |
| Federal student loans | 28% | $6,090 |
For students living on campus and receiving title-IV aid, grants averaged $8,300.
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 | $3,474 |
| $30,001 – $75,000 | $4,887 |
| Over $75,000 | $8,690 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $6,532 |
| Off-campus title-IV students | $4,881 |
To project your own net price, use Pearl River Community College’s official net price calculator: prcc.edu/net-price-calculator/.
A typical borrower at Pearl River Community College leaves with $6,250 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,250 |
| Median federal debt (graduates only) | $9,750 |
| Typical 10-year monthly payment (graduates) | $103.37/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Pearl River Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,592 |
| 25th percentile | $2,407 |
| 75th percentile | $8,000 |
| 90th percentile (highest-debt students) | $13,525 |
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 | $6,222 |
| Middle income | $5,750 |
| High income | $6,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Pearl River Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Pearl River Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12729 |
| Total Stafford loan amount | $108,665,162 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 74 |
| Total GI Bill amount | $258,611 |
| Average GI Bill amount per recipient | $3,495 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $2,210 |
| Average DoD amount per recipient | $737 |
References
More about our data sources and methodologies.