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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $6,605 |
| Institutional grants & scholarships | 6% | $1,340 |
| Federal Pell grants | 37% | $5,389 |
| State/local grants | 39% | $3,261 |
| Federal student loans | 4% | $4,753 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $5,535 |
| Federal Pell grants | 26% | $4,634 |
| Federal student loans | 3% | $5,956 |
For on-campus title-IV students, average grant aid came to $7,054.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average 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 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 | $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.
The median federal debt load at RVCC comes to $6,000 of federal student loans.
| Metric | Amount |
|---|---|
| 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 median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at RVCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $15,191 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,589 |
| Middle income | $5,500 |
| High income | $6,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,433 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,200 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. RVCC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at RVCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5085 |
| Total Stafford loan amount | $42,348,974 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 47 |
| Total GI Bill amount | $186,983 |
| Average GI Bill amount per recipient | $3,978 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $4,790 |
| Average DoD amount per recipient | $2,395 |
References
More about our data sources and methodologies.