by our College Data Analytics TeamMany students will not be asked to pay 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 total cost of going to Southern Crescent Technical College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Southern Crescent Technical College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Southern Crescent Technical College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Southern Crescent Technical College, 89% of first-year full-time students received aid of some kind (about 331 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $9,931 |
| Institutional grants & scholarships | 0% | $443 |
| Federal Pell grants | 75% | $9,680 |
| State/local grants | 44% | $2,840 |
| Federal student loans | 10% | $6,229 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 87% of undergrads got grants or scholarships worth on average $6,213 (across approximately 5065 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $6,213 |
| Federal Pell grants | 48% | $9,090 |
| Federal student loans | 10% | $7,538 |
For on-campus title-IV students, average grant aid came to $10,769.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,738 |
| $30,001 – $75,000 | $5,396 |
| Over $75,000 | $11,031 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $5,661 |
| Off-campus title-IV students | $4,652 |
For a personalized estimate based on your family’s financial situation, use Southern Crescent Technical College’s NPC: www.sctech.edu/npc/npcalc.htm.
The median federal debt load at Southern Crescent Technical College comes to $6,334 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,334 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Southern Crescent Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,000 |
| 25th percentile | $2,000 |
| 75th percentile | $7,382 |
| 90th percentile (highest-debt students) | $9,824 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,067 |
| Middle income | $6,267 |
| High income | $3,689 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,622 |
| Continuing-generation students | $5,219 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,000 |
| Independent students | $7,917 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Southern Crescent Technical College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Southern Crescent Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4394 |
| Total Stafford loan amount | $36,768,523 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 119 |
| Total GI Bill amount | $295,010 |
| Average GI Bill amount per recipient | $2,479 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,600 |
| Average DoD amount per recipient | $1,600 |
References
More about our data sources and methodologies.