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River Valley Community College Financial Aid Details

72% Freshmen Get Financial Aid
$6,992 Average Grant & Scholarship
61% Undergrads Get Grant Aid

Most students will not be asked to pay 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 sum total of attendance at River Valley Community College can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financing options does NH Community Technical College - Claremont offer you, and what will you qualify for? Keep scrolling for more information. Keep going to learn how much school funding will be available to you.

Understanding NH Community Technical College - Claremont Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from River Valley Community College.

Freshman Financial Aid at River Valley Community College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

For incoming first-year students at River Valley Community College, 72% of first-year full-time students received aid of some kind some 21 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)62%$8,870
Institutional grants & scholarships21%$1,651
Federal Pell grants48%$7,231
State/local grants59%$2,784
Federal student loans41%$6,111

Undergraduate Grant Aid at River Valley Community College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 61% of undergraduate students received gift aid averaging $6,992 (across approximately 410 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)61%$6,992
Federal Pell grants40%$6,520
Federal student loans42%$7,097

Title-IV recipients living on campus saw average grant aid of $8,440.

What Families Pay by Income at River Valley Community College

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$18,747
$30,001 – $75,000$24,442

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Average Net Price for River Valley Community 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$14,804
Off-campus title-IV students$20,455

For a customized cost estimate, visit NH Community Technical College - Claremont’s official net price calculator: www.rivervalley.edu/netcalc/.

Student Debt Levels at River Valley Community College

The median student at NH Community Technical College - Claremont graduates with $10,000 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$10,000
Median federal debt (graduates only)$16,226
Typical 10-year monthly payment (graduates)$172.02/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

How Debt Is Distributed Across Students

Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at NH Community Technical College - Claremont.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,649
25th percentile$4,529
75th percentile$19,000
90th percentile (highest-debt students)$29,500

Debt Outcomes by Student Group at River Valley Community College

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$11,375
Middle income$9,500
High income$8,250

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$10,000
Continuing-generation students$9,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$7,750
Independent students$12,500

At-a-Glance Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. NH Community Technical College - Claremont.

Federal Stafford Lending at River Valley Community College

Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at NH Community Technical College - Claremont:

MetricValue
Stafford loan recipients3198
Total Stafford loan amount$47,639,421

Veterans Benefits at River Valley Community College

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients16
Total GI Bill amount$57,025
Average GI Bill amount per recipient$3,564

References

More about our data sources and methodologies.

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