by our College Data Analytics TeamMost students will never be charged 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 Providence Christian College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will Providence Christian College offer you, and what will you qualify for? Read on for more information. Keep reading to learn how much school funding will be available 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 Providence Christian College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Providence Christian College, 100% of new full-time first-years were awarded at least some aid roughly 28 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $26,751 |
| Institutional grants & scholarships | 100% | $22,674 |
| Federal Pell grants | 39% | $5,032 |
| State/local grants | 25% | $8,257 |
| Federal student loans | 46% | $9,901 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Providence Christian College, approximately 98% of undergraduates were awarded grant or scholarship aid averaging $30,363 (across roughly 144 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $30,363 |
| Federal Pell grants | 31% | $5,567 |
| Federal student loans | 53% | $10,251 |
Title-IV recipients living on campus saw average grant aid of $28,284.
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 | $22,749 |
| $30,001 – $75,000 | $23,249 |
| Over $75,000 | $27,161 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,163 |
| Off-campus title-IV students | $25,378 |
For a customized cost estimate, visit Providence Christian College’s official net price calculator: www.providencecc.edu/NetPriceCalculator/npcalc.htm.
A typical borrower at Providence Christian College leaves with $14,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,500 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Providence Christian College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $25,586 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $12,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Providence Christian College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Providence Christian College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 436 |
| Total Stafford loan amount | $6,189,812 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $19,115 |
| Average GI Bill amount per recipient | $19,115 |
References
More about our data sources and methodologies.