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Potomac State College of West Virginia University Financial Aid and Scholarship Details

95% Freshmen Get Financial Aid
$7,017 Average Grant & Scholarship
69% Undergrads Get Grant Aid

The majority 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 Potomac State College of West Virginia University can sound overwhelming, but bear in mind that many students get some type of financial aid.

Just what financial assistance solutions will WVU Potomac State College provide, and just what are you going to be eligible for? Read on for answers. Scroll down to see just how much financial aid could be open to you.

Understanding WVU Potomac State College Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Potomac State College of West Virginia University.

Average Freshman Financial Aid at Potomac State College of West Virginia University

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

At Potomac State College of West Virginia University, 95% of first-time, full-time freshmen received some form of financial aid (about 361 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)90%$6,890
Institutional grants & scholarships70%$2,117
Federal Pell grants44%$5,728
State/local grants57%$3,728
Federal student loans35%$4,995

Grant Aid for Undergraduates at Potomac State College of West Virginia University

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At WVU Potomac State College, around 69% of undergraduates were awarded grant or scholarship aid averaging $7,017 (covering around 792 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)69%$7,017
Federal Pell grants38%$5,599
Federal student loans30%$5,592

For students living on campus and receiving title-IV aid, grants averaged $8,422.

Aid by Income Level at Potomac State College of West Virginia University

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$5,311
$30,001 – $75,000$7,360
Over $75,000$11,614

Remember these are net prices — what families pay after gift aid, not before.

What a Degree Really Costs at Potomac State College of West Virginia University

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.

CohortAverage Net Price
On-campus title-IV students$9,197
Off-campus title-IV students$7,403

For an estimate tailored to your family circumstances, see WVU Potomac State College’s net price calculator: financialaid.wvu.edu/home/estimate-costs-aid/net-price-calculator.

Student Debt Levels at Potomac State College of West Virginia University

A typical borrower at WVU Potomac State College leaves with $15,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$15,500
Median federal debt (graduates only)$22,500
Typical 10-year monthly payment (graduates)$238.54/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

The Full Range of Student Debt

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at WVU Potomac State College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,106
25th percentile$5,500
75th percentile$26,250
90th percentile (highest-debt students)$32,000

How Debt Outcomes Vary by Student Group at Potomac State College of West Virginia University

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$14,250
Middle income$15,250
High income$16,500

By First-Generation Status

CohortMedian federal debt
First-generation students$15,146
Continuing-generation students$16,000

By Dependency Status

CohortMedian federal debt
Dependent students$15,500
Independent students$14,583

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at WVU Potomac State College.

Federal Student Loans at Potomac State College of West Virginia University

Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at WVU Potomac State College:

MetricValue
Stafford loan recipients93044
Total Stafford loan amount$2,149,502,786

GI Bill and DoD Benefits at Potomac State College of West Virginia University

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients18
Total GI Bill amount$66,018
Average GI Bill amount per recipient$3,668

References

More about our data sources and methodologies.

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