by our College Data Analytics TeamA lot 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 total price of attendance at St Cloud Technical and Community College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can St Cloud Technical and Community College provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from St Cloud Technical and Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at St Cloud Technical and Community College, 79% of the incoming full-time class was awarded financial aid (about 298 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $5,672 |
| Institutional grants & scholarships | 10% | $1,462 |
| Federal Pell grants | 38% | $4,854 |
| State/local grants | 49% | $2,539 |
| Federal student loans | 34% | $4,864 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 62% of undergrads got grants or scholarships worth on average $4,836 (across roughly 2225 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $4,836 |
| Federal Pell grants | 34% | $4,067 |
| Federal student loans | 23% | $5,948 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,690.
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 | $7,724 |
| $30,001 – $75,000 | $9,163 |
| Over $75,000 | $14,575 |
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 | $9,635 |
| Off-campus title-IV students | $10,956 |
For a customized cost estimate, visit St Cloud Technical and Community College’s official net price calculator: www.sctcc.edu/calculator.
Graduating students at St Cloud Technical and Community College carry a median federal student debt of $8,265 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,265 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at St Cloud Technical and Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,465 |
| 25th percentile | $4,000 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $22,613 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,077 |
| Middle income | $8,250 |
| High income | $7,485 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,673 |
| Continuing-generation students | $8,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $10,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. St Cloud Technical and Community College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at St Cloud Technical and Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15253 |
| Total Stafford loan amount | $168,635,106 |
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 | 50 |
| Total GI Bill amount | $182,144 |
| Average GI Bill amount per recipient | $3,643 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 9 |
| Total DoD amount | $20,617 |
| Average DoD amount per recipient | $2,291 |
References
More about our data sources and methodologies.