College Factual  by our College Data Analytics Team
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What Stanly Technical College Fin Aid Are You Eligible For?

Rather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.

Curious about the financial aid opportunities at Stanly Technical College and what you may be eligible for? Explore the answers here.

Table of Contents:

What is Inside a Typical Financial Aid Package at Stanly Technical College?

Financial Aid Information Unavailable for First-Year Students

College Discounts

Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.

What About College Loans?

Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Stanly Community College.

As well as scholarships, 66% of first-year students (126 total) got a federal grant, for about $4,582.00 per person.

How Much Aid Is Offered That I Don’t Have to Pay Back? & A.K.A. Scholarships & Grants

These scholarships and grants are composed of primarily federal grants, and some state and local awards.

66% of first-year students at Stanly Community College (126 total) obtained a federal grant, averaging $4,582.00.

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How Family Income Affects Aid

The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k25.00%$7,040.00
Income 30k-48k14.06%$6,593.00
Income 48k-75k8.85%$5,204.00
Income 75k-110k1.04%$3,725.00
Income 110k +0.00%$0.00

Title IV Aid

The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.

The Average Undergraduate Receiving a Grant or Scholarship Gets $5,887.00.

Of the 192 undergraduate students at Stanly Community College around 66% (126 total) receive some form of grant aid. The typical amount awarded was $5,887.00.The bulk of which are Pell Grants.

Interested in Learning about the Specifics of Tuition and Fees Costs?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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