by our College Data Analytics TeamMany 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 total cost of going to Southwestern Community College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Southwestern Community College offer you, and what will you qualify for? Keep reading for more information. Keep reading to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Southwestern Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Southwestern Community College, 80% of first-year full-time students received aid of some kind some 73 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $10,024 |
| Institutional grants & scholarships | 25% | $2,020 |
| Federal Pell grants | 70% | $9,401 |
| State/local grants | 58% | $908 |
| Federal student loans | 7% | $3,492 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Southwestern Community College, roughly 43% of undergraduates were awarded an average grant or scholarship of $4,442 (for some 899 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $4,442 |
| Federal Pell grants | 36% | $4,154 |
| Federal student loans | 5% | $6,129 |
On-campus students receiving title-IV aid were awarded grants averaging $10,649.
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 | $5,010 |
| $30,001 – $75,000 | $5,679 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,207 |
| Off-campus title-IV students | $4,928 |
To get a personalized net price estimate, try Southwestern Community College’s net price calculator: www.southwesterncc.edu/NetPriceCalculator/index.html.
A typical borrower at Southwestern Community College leaves with $7,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,000 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Southwestern Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,500 |
| 75th percentile | $14,000 |
| 90th percentile (highest-debt students) | $20,954 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $5,500 |
| High income | $4,111 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,757 |
| Continuing-generation students | $8,731 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,600 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Southwestern Community College.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Southwestern Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1946 |
| Total Stafford loan amount | $23,206,690 |
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 | 22 |
| Total GI Bill amount | $37,048 |
| Average GI Bill amount per recipient | $1,684 |
References
More about our data sources and methodologies.