by our College Data Analytics TeamMost 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 Southwest Virginia Community College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Southwest Virginia deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover just how much financial aid could be open 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 Southwest Virginia Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Southwest Virginia Community College, 94% of first-time, full-time freshmen received some form of financial aid roughly 394 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $7,232 |
| Institutional grants & scholarships | 52% | $3,692 |
| Federal Pell grants | 64% | $5,597 |
| State/local grants | 65% | $1,919 |
| Federal student loans | 0% | — |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, approximately 64% of undergraduates were awarded grant or scholarship aid averaging $5,936 (covering around 1453 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $5,936 |
| Federal Pell grants | 46% | $4,947 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $7,770.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,650 |
| $30,001 – $75,000 | $9,101 |
| Over $75,000 | $8,936 |
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 | $6,005 |
| Off-campus title-IV students | $8,838 |
For a customized cost estimate, visit Southwest Virginia’s online cost calculator: www.vawizard.org/wizard/npc.
The Department of Education computes summary indicators that describe debt outcomes at a glance. Southwest Virginia.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Southwest Virginia:
| Metric | Value |
|---|---|
| Stafford loan recipients | 89 |
| Total Stafford loan amount | $618,255 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.