by our College Data Analytics TeamA lot of students will not be asked to pay 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 Pierce College District can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Pierce College-Fort Steilacoom offer you, and what will you qualify for? Read on for more information. Keep going to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Pierce College District.
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.
For freshmen starting at Pierce College District, 57% of the incoming full-time class was awarded financial aid some 451 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $6,785 |
| Institutional grants & scholarships | 8% | $1,144 |
| Federal Pell grants | 36% | $5,220 |
| State/local grants | 43% | $3,426 |
| Federal student loans | 13% | $5,646 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 32% of undergraduates were awarded an average grant or scholarship of $6,851 (across roughly 2404 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 32% | $6,851 |
| Federal Pell grants | 23% | $4,870 |
| Federal student loans | 11% | $6,505 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,863.
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 | $8,307 |
| $30,001 – $75,000 | $9,367 |
| Over $75,000 | $15,740 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $10,222 |
| Off-campus title-IV students | $10,123 |
To project your own net price, use Pierce College-Fort Steilacoom’s official net price calculator: www.pierce.ctc.edu/tuition-fees.
Graduating students at Pierce College-Fort Steilacoom carry a median federal student debt of $8,532 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,532 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Pierce College-Fort Steilacoom.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,834 |
| 25th percentile | $3,294 |
| 75th percentile | $12,125 |
| 90th percentile (highest-debt students) | $19,841 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,250 |
| High income | $6,717 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,819 |
| Continuing-generation students | $7,500 |
By Dependency Status
| 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 Pierce College-Fort Steilacoom.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Pierce College-Fort Steilacoom:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15128 |
| Total Stafford loan amount | $168,595,161 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 603 |
| Total GI Bill amount | $2,038,061 |
| Average GI Bill amount per recipient | $3,380 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 768 |
| Total DoD amount | $1,271,605 |
| Average DoD amount per recipient | $1,656 |
References
More about our data sources and methodologies.