by our College Data Analytics TeamMost students will never be charged 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 cost of going to Rio Grande Valley College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can RGV Careers offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Rio Grande Valley College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Rio Grande Valley College, 72% of the incoming full-time class was awarded financial aid approximately 158 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $6,241 |
| Institutional grants & scholarships | 2% | $5,195 |
| Federal Pell grants | 62% | $5,682 |
| State/local grants | 6% | $7,146 |
| Federal student loans | 53% | $4,493 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, roughly 63% of undergrads got grants or scholarships worth on average $6,436 (covering around 846 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $6,436 |
| Federal Pell grants | 59% | $5,455 |
| Federal student loans | 71% | $11,567 |
For students living on campus and receiving title-IV aid, grants averaged $7,746.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,029 |
| $30,001 – $75,000 | $20,932 |
| Over $75,000 | $25,521 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,500 |
| Off-campus title-IV students | $20,678 |
To project your own net price, use RGV Careers’s online cost calculator: www.rgvcollege.edu/net-price-calculator.asp.
The median student at RGV Careers graduates with $10,473 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,473 |
| Median federal debt (graduates only) | $12,359 |
| Typical 10-year monthly payment (graduates) | $131.03/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at RGV Careers.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,906 |
| 25th percentile | $7,811 |
| 75th percentile | $15,101 |
| 90th percentile (highest-debt students) | $18,069 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,453 |
| Middle income | $12,323 |
| High income | $11,747 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,083 |
| Continuing-generation students | $12,357 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,589 |
| Independent students | $12,357 |
A handful of calculated indicators summarize the debt outlook at RGV Careers.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at RGV Careers:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2156 |
| Total Stafford loan amount | $23,727,180 |
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 | 15 |
| Total GI Bill amount | $200,849 |
| Average GI Bill amount per recipient | $13,390 |
References
More about our data sources and methodologies.