by our College Data Analytics TeamA large number of students are not billed 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 Pellissippi State Community College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Pellissippi State Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Pellissippi State 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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Pellissippi State Community College, 93% of entering full-time freshmen got some type of financial assistance (about 1793 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $6,361 |
| Institutional grants & scholarships | 9% | $1,164 |
| Federal Pell grants | 45% | $5,121 |
| State/local grants | 89% | $3,850 |
| Federal student loans | 2% | $4,728 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Pellissippi State Community College, approximately 75% of the undergraduate population received grant aid that averaged $4,094 (covering around 6648 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $4,094 |
| Federal Pell grants | 24% | $4,565 |
| Federal student loans | 3% | $5,417 |
On-campus students receiving title-IV aid were awarded grants averaging $8,448.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,496 |
| $30,001 – $75,000 | $5,770 |
| Over $75,000 | $8,030 |
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 | $4,983 |
| Off-campus title-IV students | $5,252 |
To get a personalized net price estimate, try Pellissippi State Community College’s official net price calculator: nces.ed.gov/ipeds/netpricecalculator/#/.
The median student at Pellissippi State Community College graduates with $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $8,725 |
| Typical 10-year monthly payment (graduates) | $92.5/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Pellissippi State Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,625 |
| 75th percentile | $11,000 |
| 90th percentile (highest-debt students) | $19,477 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,750 |
| Middle income | $5,500 |
| High income | $5,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,710 |
| Independent students | $8,782 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Pellissippi State Community College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Pellissippi State Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16446 |
| Total Stafford loan amount | $168,221,092 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 7 |
| Total DoD amount | $11,722 |
| Average DoD amount per recipient | $1,675 |
References
More about our data sources and methodologies.