by our College Data Analytics TeamA large number of students are not billed 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 price tag of going to Southeastern Community College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Southeastern Community College provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover 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 Southeastern 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.
At Southeastern Community College, 83% of first-year full-time students received aid of some kind roughly 389 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $5,822 |
| Institutional grants & scholarships | 46% | $3,405 |
| Federal Pell grants | 41% | $5,424 |
| State/local grants | 15% | $3,194 |
| Federal student loans | 28% | $4,468 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Southeastern Community College, roughly 45% of undergrads got grants or scholarships worth on average $5,667 (for some 1150 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $5,667 |
| Federal Pell grants | 28% | $4,822 |
| Federal student loans | 20% | $5,642 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,024.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,591 |
| $30,001 – $75,000 | $12,476 |
| Over $75,000 | $16,219 |
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 | $12,347 |
| Off-campus title-IV students | $12,812 |
For an estimate tailored to your family circumstances, see Southeastern Community College’s net price tool: www.scciowa.edu/scripts/netprice/npcalc.htm.
Graduating students at Southeastern Community College carry a median federal student debt of $7,398 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,398 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Southeastern Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,520 |
| 25th percentile | $2,750 |
| 75th percentile | $11,750 |
| 90th percentile (highest-debt students) | $20,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,966 |
| Middle income | $6,500 |
| High income | $6,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,929 |
| Continuing-generation students | $6,664 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $11,394 |
The figure below distills the debt data into a single burden category for Southeastern 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 Southeastern Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7802 |
| Total Stafford loan amount | $83,544,976 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $100,345 |
| Average GI Bill amount per recipient | $3,460 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $9,412 |
| Average DoD amount per recipient | $2,353 |
References
More about our data sources and methodologies.