by our College Data Analytics TeamThe majority of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to River Parishes Community College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does River Parishes Community College offer, and what will you qualify for? Keep scrolling for more information. Scroll down to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from River Parishes Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at River Parishes Community College, 88% of first-year full-time students received aid of some kind approximately 399 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,382 |
| Institutional grants & scholarships | 6% | $1,001 |
| Federal Pell grants | 57% | $6,170 |
| State/local grants | 39% | $2,216 |
| Federal student loans | 32% | $5,719 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, approximately 57% of undergraduate students received gift aid averaging $4,961 (among about 1360 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $4,961 |
| Federal Pell grants | 41% | $5,798 |
| Federal student loans | 28% | $6,737 |
For students living on campus and receiving title-IV aid, grants averaged $6,027.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,574 |
| $30,001 – $75,000 | $9,436 |
| Over $75,000 | $13,948 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $10,756 |
| Off-campus title-IV students | $9,774 |
For a personalized estimate based on your family’s financial situation, use River Parishes Community College’s official net price calculator: www.rpcc.edu/financial-aid/net-price-calculator.
The middle student in the debt distribution at River Parishes Community College owes $7,329 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,329 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at River Parishes Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,024 |
| 25th percentile | $3,500 |
| 75th percentile | $11,637 |
| 90th percentile (highest-debt students) | $23,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,250 |
| Middle income | $5,517 |
| High income | $5,770 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,501 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at River Parishes Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at River Parishes Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5270 |
| Total Stafford loan amount | $61,482,468 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 18 |
| Total GI Bill amount | $51,309 |
| Average GI Bill amount per recipient | $2,851 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 10 |
| Total DoD amount | $21,747 |
| Average DoD amount per recipient | $2,175 |
References
More about our data sources and methodologies.