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Raritan Valley Community College Financial Aid and Scholarship Details

54% Freshmen Get Financial Aid
$5,535 Average Grant & Scholarship
34% Undergrads Get Grant Aid

A lot of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Raritan Valley Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financing options does RVCC offer, and what will you qualify for? Keep scrolling for more information. Read on to find out what amount of financial assistance will be accessible to you.

Why You Should Understand RVCC Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Raritan Valley Community College.

Freshman Financial Aid at Raritan Valley Community 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.

Among first-time, full-time freshmen at Raritan Valley Community College, 54% of the incoming full-time class was awarded financial aid approximately 565 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)51%$6,605
Institutional grants & scholarships6%$1,340
Federal Pell grants37%$5,389
State/local grants39%$3,261
Federal student loans4%$4,753

Scholarships and Grants at Raritan Valley Community College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 34% of undergrads got grants or scholarships worth on average $5,535 (across roughly 2262 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)34%$5,535
Federal Pell grants26%$4,634
Federal student loans3%$5,956

For on-campus title-IV students, average grant aid came to $7,054.

What Families Pay by Income at Raritan Valley Community College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$5,233
$30,001 – $75,000$6,283
Over $75,000$11,772

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

Net Price at Raritan Valley Community College

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$6,778
Off-campus title-IV students$6,613

To project your own net price, use RVCC’s official net price calculator: www.raritanval.edu/net-price-calculator.

Typical Student Debt at Raritan Valley Community College

The median federal debt load at RVCC comes to $6,000 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$6,000
Median federal debt (graduates only)$10,500
Typical 10-year monthly payment (graduates)$111.32/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Full Range of Student Debt

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

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,500
25th percentile$2,750
75th percentile$9,500
90th percentile (highest-debt students)$15,191

Debt by Student Cohort at Raritan Valley Community College

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

By Family Income

Income tierMedian federal debt
Low income$6,589
Middle income$5,500
High income$6,500

By First-Generation Status

CohortMedian federal debt
First-generation students$6,433
Continuing-generation students$5,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,500
Independent students$9,200

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. RVCC.

Federal Stafford Lending at Raritan Valley Community College

Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at RVCC:

MetricValue
Stafford loan recipients5085
Total Stafford loan amount$42,348,974

Military and Veterans Aid at Raritan Valley Community College

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients47
Total GI Bill amount$186,983
Average GI Bill amount per recipient$3,978

DoD program volume

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$4,790
Average DoD amount per recipient$2,395

References

More about our data sources and methodologies.

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