by our College Data Analytics TeamThe majority 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 price tag of going to Sinclair Community College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Sinclair Community College provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover what amount of financial assistance could be accessible 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 Sinclair Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Sinclair Community College, 80% of new full-time first-years were awarded at least some aid (about 962 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $4,822 |
| Institutional grants & scholarships | 49% | $2,078 |
| Federal Pell grants | 39% | $5,438 |
| State/local grants | 7% | $2,931 |
| Federal student loans | 31% | $4,231 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Sinclair Community College, some 58% of undergrads got grants or scholarships worth on average $3,051 (for some 10044 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $3,051 |
| Federal Pell grants | 31% | $3,765 |
| Federal student loans | 21% | $4,566 |
For on-campus title-IV students, average grant aid came to $5,011.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,081 |
| $30,001 – $75,000 | $5,606 |
| Over $75,000 | $8,397 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $5,992 |
| Off-campus title-IV students | $5,741 |
For a customized cost estimate, visit Sinclair Community College’s net price tool: www.sinclair.edu/services/welcome-center/finaid/net-price-calculator/.
A typical borrower at Sinclair Community College leaves with $5,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| 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.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Sinclair Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,476 |
| 25th percentile | $2,750 |
| 75th percentile | $10,867 |
| 90th percentile (highest-debt students) | $18,445 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,178 |
These indicators are derived from the underlying debt data and summarize the overall picture at Sinclair Community College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Sinclair Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 52677 |
| Total Stafford loan amount | $458,737,208 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 330 |
| Total GI Bill amount | $1,719,942 |
| Average GI Bill amount per recipient | $5,212 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 40 |
| Total DoD amount | $63,942 |
| Average DoD amount per recipient | $1,599 |
References
More about our data sources and methodologies.