by our College Data Analytics TeamA large number of students are not billed 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 sum total of attendance at State Fair Community College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does State Fair Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to see what amount of financial assistance could be accessible 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 State Fair Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at State Fair Community College, 93% of first-time, full-time freshmen received some form of financial aid roughly 740 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $6,991 |
| Institutional grants & scholarships | 20% | $3,534 |
| Federal Pell grants | 54% | $5,383 |
| State/local grants | 71% | $3,731 |
| Federal student loans | 13% | $4,648 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at State Fair Community College, some 59% of the undergraduate population received grant aid that averaged $5,920 (for some 2224 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $5,920 |
| Federal Pell grants | 36% | $4,730 |
| Federal student loans | 11% | $5,540 |
For on-campus title-IV students, average grant aid came to $6,734.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,948 |
| $30,001 – $75,000 | $7,551 |
| Over $75,000 | $8,889 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $7,985 |
| Off-campus title-IV students | $7,485 |
For a customized cost estimate, visit State Fair Community College’s net price calculator: www.sfccmo.edu/files/financial-aid/net-price-calculator/index.html.
The median federal debt load at State Fair Community College comes to $6,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at State Fair Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,625 |
| 25th percentile | $3,000 |
| 75th percentile | $13,347 |
| 90th percentile (highest-debt students) | $21,000 |
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 | $7,878 |
| Middle income | $6,250 |
| High income | $6,375 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,875 |
| Continuing-generation students | $6,261 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,517 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. State Fair Community College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at State Fair Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10401 |
| Total Stafford loan amount | $112,112,426 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 71 |
| Total GI Bill amount | $296,988 |
| Average GI Bill amount per recipient | $4,183 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 120 |
| Total DoD amount | $202,652 |
| Average DoD amount per recipient | $1,689 |
References
More about our data sources and methodologies.