by our College Data Analytics TeamMost students will not be asked to pay 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 Rock Valley College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Rock Valley College provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Rock Valley College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Rock Valley College, 51% of first-year full-time students received aid of some kind (about 364 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $6,288 |
| Institutional grants & scholarships | 6% | $1,519 |
| Federal Pell grants | 42% | $5,500 |
| State/local grants | 32% | $1,741 |
| Federal student loans | 4% | $4,525 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, roughly 35% of the undergraduate population received grant aid that averaged $5,352 (across roughly 1923 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 35% | $5,352 |
| Federal Pell grants | 28% | $4,174 |
| Federal student loans | 4% | $5,235 |
On-campus students receiving title-IV aid were awarded grants averaging $6,678.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,283 |
| $30,001 – $75,000 | $8,288 |
| Over $75,000 | $10,798 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,242 |
| Off-campus title-IV students | $7,325 |
For an estimate tailored to your family circumstances, see Rock Valley College’s net price tool: apps.rockvalleycollege.edu/assets/NetPriceCalc/npcalc.htm.
A typical borrower at Rock Valley College leaves with $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $8,500 |
| Typical 10-year monthly payment (graduates) | $90.11/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Rock Valley College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,089 |
| 25th percentile | $1,765 |
| 75th percentile | $6,750 |
| 90th percentile (highest-debt students) | $11,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,180 |
| Middle income | $5,000 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,460 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,000 |
| Independent students | $7,406 |
These indicators are derived from the underlying debt data and summarize the overall picture at Rock Valley College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Rock Valley College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5203 |
| Total Stafford loan amount | $31,446,951 |
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 | 60 |
| Total GI Bill amount | $179,331 |
| Average GI Bill amount per recipient | $2,989 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $7,465 |
| Average DoD amount per recipient | $1,866 |
References
More about our data sources and methodologies.