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Quinsigamond Community College Paying for Your Degree

78% Freshmen Get Financial Aid
$4,445 Average Grant & Scholarship
73% Undergrads Get Grant Aid

Many students are not billed 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 total price of attendance at Quinsigamond Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

Just what financial aid solutions can Quinsigamond Community College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to find out what amount of financial assistance will be accessible to you.

Importance of Quinsigamond Community College Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Quinsigamond Community College.

Financial Aid for First-Year Students at Quinsigamond Community College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Among first-time, full-time freshmen at Quinsigamond Community College, 78% of the incoming full-time class was awarded financial aid roughly 422 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)72%$6,785
Institutional grants & scholarships8%$1,334
Federal Pell grants55%$5,479
State/local grants67%$2,527
Federal student loans28%$5,251

Free Money: Grants and Scholarships at Quinsigamond Community College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, approximately 73% of undergrads got grants or scholarships worth on average $4,445 (across roughly 5079 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)73%$4,445
Federal Pell grants38%$4,073
Federal student loans30%$6,400

For on-campus title-IV students, average grant aid came to $6,831.

Income-Adjusted Net Price at Quinsigamond Community College

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

Family IncomeAverage Net Price
$0 – $48,000$5,862
$30,001 – $75,000$6,114
Over $75,000$10,049

Each figure is the net price after grants and scholarships, not the published sticker price.

What Students Actually Pay at Quinsigamond Community College

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$9,090
Off-campus title-IV students$7,764

For an estimate tailored to your family circumstances, see Quinsigamond Community College’s net price calculator: www.qcc.edu/federal-net-price-calculator.

Median Student Debt for Graduates of Quinsigamond Community College

The middle student in the debt distribution at Quinsigamond Community College owes $10,500 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$10,500
Median federal debt (graduates only)$16,575
Typical 10-year monthly payment (graduates)$175.72/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

How Debt Is Distributed Across Students

The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Quinsigamond Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$3,664
75th percentile$14,035
90th percentile (highest-debt students)$20,624

Student Debt by Cohort at Quinsigamond Community College

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Debt by Income Tier

Income tierMedian federal debt
Low income$10,760
Middle income$10,750
High income$9,500

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$10,712
Continuing-generation students$9,500

By Dependency Status

CohortMedian federal debt
Dependent students$8,646
Independent students$13,571

Is the Debt Manageable?

The figure below distills the debt data into a single burden category for Quinsigamond Community College.

Federal Stafford Lending at Quinsigamond Community College

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Quinsigamond Community College:

MetricValue
Stafford loan recipients19233
Total Stafford loan amount$225,191,256

Military and Veterans Aid at Quinsigamond Community College

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients41
Total GI Bill amount$178,819
Average GI Bill amount per recipient$4,361

DoD program volume

MetricValue
DoD Tuition Assistance recipients6
Total DoD amount$2,640
Average DoD amount per recipient$440

References

More about our data sources and methodologies.

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