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Rio Salado College Financial Aid and Scholarship Details

33% Freshmen Get Financial Aid
$2,415 Average Grant & Scholarship
15% Undergrads Get Grant Aid

A large number of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Rio Salado College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

Just what financial aid solutions can Rio Salado College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to discover just how much financial aid could be open to you.

Understanding Rio Salado 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 Rio Salado College.

What First Years Receive at Rio Salado College

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

For freshmen starting at Rio Salado College, 33% of first-year full-time students received aid of some kind roughly 55 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)33%$4,913
Institutional grants & scholarships8%$1,310
Federal Pell grants28%$5,105
State/local grants1%$500
Federal student loans13%$4,697

Undergraduate Grant Aid at Rio Salado College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Rio Salado College, around 15% of the undergraduate population received grant aid that averaged $2,415 (covering around 2739 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)15%$2,415
Federal Pell grants7%$3,708
Federal student loans4%$4,068

Title-IV recipients living on campus saw average grant aid of $5,084.

What Families Pay by Income at Rio Salado 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$8,087
$30,001 – $75,000$8,666
Over $75,000$13,123

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

What a Degree Really Costs at Rio Salado College

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.

CohortAverage Net Price
On-campus title-IV students$8,341
Off-campus title-IV students$8,764

For an estimate tailored to your family circumstances, see Rio Salado College’s official net price calculator: cdn.maricopa.edu/npc/rsc/npcalc.htm.

Student Debt Levels at Rio Salado College

The median federal debt load at Rio Salado College comes to $4,375 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$4,375
Median federal debt (graduates only)$9,500
Typical 10-year monthly payment (graduates)$100.72/mo

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

The Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Rio Salado College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,324
25th percentile$1,750
75th percentile$6,896
90th percentile (highest-debt students)$15,712

Student Debt by Cohort at Rio Salado 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$4,500
Middle income$4,500
High income$3,500

By First-Generation Status

CohortMedian federal debt
First-generation students$4,427
Continuing-generation students$3,750

By Dependency Status

CohortMedian federal debt
Dependent students$3,201
Independent students$4,500

Is the Debt Manageable?

The figure below distills the debt data into a single burden category for Rio Salado College.

Federal Stafford Lending at Rio Salado College

The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Rio Salado College:

MetricValue
Stafford loan recipients41031
Total Stafford loan amount$431,426,893

Military and Veterans Aid at Rio Salado College

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

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients129
Total GI Bill amount$109,442
Average GI Bill amount per recipient$848

DoD program volume

MetricValue
DoD Tuition Assistance recipients131
Total DoD amount$91,035
Average DoD amount per recipient$695

External Resources for Rio Salado College

References

More about our data sources and methodologies.

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