by our College Data Analytics TeamA large number 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 sum total of attendance at Snead State Community College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can Snead State Community College provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Snead State Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Snead State Community College, 92% of first-year full-time students received aid of some kind around 451 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $7,640 |
| Institutional grants & scholarships | 54% | $4,727 |
| Federal Pell grants | 66% | $6,324 |
| State/local grants | 12% | $500 |
| Federal student loans | 15% | $5,080 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 53% of undergraduate students received gift aid averaging $5,160 (across roughly 1476 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,160 |
| Federal Pell grants | 31% | $5,482 |
| Federal student loans | 10% | $6,005 |
Title-IV recipients living on campus saw average grant aid of $7,971.
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 | $5,538 |
| $30,001 – $75,000 | $6,832 |
| Over $75,000 | $10,432 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $3,249 |
| Off-campus title-IV students | $6,369 |
For a personalized estimate based on your family’s financial situation, use Snead State Community College’s NPC: snead.edu/tuition-aid/net_price_calculator/.
Graduating students at Snead State Community College carry a median federal student debt of $6,450 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,450 |
| Median federal debt (graduates only) | $9,000 |
| Typical 10-year monthly payment (graduates) | $95.41/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 Snead State Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,736 |
| 25th percentile | $2,250 |
| 75th percentile | $7,000 |
| 90th percentile (highest-debt students) | $10,250 |
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 | $5,750 |
| Middle income | $6,875 |
| High income | $6,956 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,848 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,103 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Snead State Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Snead State Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3200 |
| Total Stafford loan amount | $21,398,128 |
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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $56,746 |
| Average GI Bill amount per recipient | $3,783 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.