by our College Data Analytics TeamA large number of 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 sum total of attendance at Schoolcraft Community College District can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can Schoolcraft College offer you, and what will you qualify for? Keep reading for more information. Keep reading to see what amount of financial assistance could 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 Schoolcraft Community College District.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Schoolcraft Community College District, 71% of new full-time first-years were awarded at least some aid some 377 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $5,951 |
| Institutional grants & scholarships | 47% | $1,633 |
| Federal Pell grants | 35% | $5,440 |
| State/local grants | 39% | $3,673 |
| Federal student loans | 4% | $4,838 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Schoolcraft College, around 55% of undergraduates were awarded an average grant or scholarship of $3,662 (for some 4146 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $3,662 |
| Federal Pell grants | 28% | $4,011 |
| Federal student loans | 8% | $5,624 |
Title-IV recipients living on campus saw average grant aid of $9,788.
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 | $5,055 |
| $30,001 – $75,000 | $5,783 |
| Over $75,000 | $7,571 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $2,260 |
| Off-campus title-IV students | $5,372 |
For a personalized estimate based on your family’s financial situation, use Schoolcraft College’s net price tool: www.schoolcraft.edu/netpricecalculator.
Graduating students at Schoolcraft College carry a median federal student debt of $5,531 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,531 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Schoolcraft College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,700 |
| 25th percentile | $2,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $17,533 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,950 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,548 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at Schoolcraft College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Schoolcraft College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16584 |
| Total Stafford loan amount | $147,569,970 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 112 |
| Total GI Bill amount | $445,130 |
| Average GI Bill amount per recipient | $3,974 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 15 |
| Total DoD amount | $24,911 |
| Average DoD amount per recipient | $1,661 |
References
More about our data sources and methodologies.