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 price tag of going to Pierpont Community and Technical College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Pierpont Community and Technical College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading 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. Read on to get a sense of the financial assistance available at Pierpont Community and Technical College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Pierpont Community and Technical College, 91% of first-year full-time students received aid of some kind (about 222 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $7,803 |
| Institutional grants & scholarships | 6% | $1,075 |
| Federal Pell grants | 53% | $5,718 |
| State/local grants | 73% | $5,022 |
| Federal student loans | 20% | $4,325 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Pierpont Community and Technical College, approximately 38% of the undergraduate population received grant aid that averaged $6,689 (covering around 730 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $6,689 |
| Federal Pell grants | 22% | $5,081 |
| Federal student loans | 14% | $5,853 |
For on-campus title-IV students, average grant aid came to $6,382.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,333 |
| $30,001 – $75,000 | $10,133 |
| Over $75,000 | $12,462 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $8,325 |
| Off-campus title-IV students | $9,096 |
For an estimate tailored to your family circumstances, see Pierpont Community and Technical College’s net price tool: pierpont.studentaidcalculator.com/survey.aspx.
The middle student in the debt distribution at Pierpont Community and Technical College owes $8,618 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,618 |
| Median federal debt (graduates only) | $12,110 |
| Typical 10-year monthly payment (graduates) | $128.39/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Pierpont Community and Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,742 |
| 25th percentile | $4,000 |
| 75th percentile | $13,219 |
| 90th percentile (highest-debt students) | $20,000 |
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 | $9,250 |
| Middle income | $8,229 |
| High income | $8,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,750 |
| Continuing-generation students | $8,293 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,500 |
| Independent students | $10,425 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Pierpont Community and Technical College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Pierpont Community and Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8130 |
| Total Stafford loan amount | $94,745,566 |
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 | 26 |
| Total GI Bill amount | $143,533 |
| Average GI Bill amount per recipient | $5,521 |
References
More about our data sources and methodologies.