by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Stanly Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Stanly Technical College offer, and what will you qualify for? Read on for more information. Keep scrolling to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Stanly Community 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.
At Stanly Community College, 55% of new full-time first-years were awarded at least some aid roughly 73 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $8,415 |
| Institutional grants & scholarships | 8% | $1,782 |
| Federal Pell grants | 48% | $8,723 |
| State/local grants | 29% | $959 |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 34% of the undergraduate population received grant aid that averaged $8,586 (among about 853 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $8,586 |
| Federal Pell grants | 31% | $8,638 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $9,649.
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 | $3,567 |
| $30,001 – $75,000 | $4,941 |
| Over $75,000 | $4,786 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $5,721 |
| Off-campus title-IV students | $4,215 |
For an estimate tailored to your family circumstances, see Stanly Technical College’s NPC: www.stanly.edu/financial-aid/net-price-calculator.html.
These indicators are derived from the underlying debt data and summarize the overall picture at Stanly Technical College.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Stanly Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 40 |
| Total Stafford loan amount | $162,123 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $11,846 |
| Average GI Bill amount per recipient | $1,185 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $912 |
| Average DoD amount per recipient | $912 |
References
More about our data sources and methodologies.