by our College Data Analytics TeamMost students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Tacoma Community College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Tacoma Community College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Tacoma Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Tacoma Community College, 61% of first-time, full-time freshmen received some form of financial aid roughly 503 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $7,308 |
| Institutional grants & scholarships | 15% | $1,552 |
| Federal Pell grants | 38% | $5,080 |
| State/local grants | 45% | $3,980 |
| Federal student loans | 12% | $5,815 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Tacoma Community College, around 41% of undergraduates were awarded grant or scholarship aid averaging $6,836 (for some 2359 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $6,836 |
| Federal Pell grants | 26% | $4,664 |
| Federal student loans | 12% | $6,529 |
On-campus students receiving title-IV aid were awarded grants averaging $8,390.
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 | $8,348 |
| $30,001 – $75,000 | $9,463 |
| Over $75,000 | $14,489 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,376 |
| Off-campus title-IV students | $9,321 |
For an estimate tailored to your family circumstances, see Tacoma Community College’s NPC: www.tacomacc.edu/about/policies/net-price-calculator.html.
Graduating students at Tacoma Community College carry a median federal student debt of $7,718 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,718 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/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. These percentiles trace how cumulative federal debt is spread among borrowers at Tacoma Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,077 |
| 25th percentile | $3,650 |
| 75th percentile | $15,144 |
| 90th percentile (highest-debt students) | $23,118 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,236 |
| Middle income | $7,585 |
| High income | $5,958 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,878 |
| Continuing-generation students | $7,337 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Tacoma Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Tacoma Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15511 |
| Total Stafford loan amount | $194,187,603 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 403 |
| Total GI Bill amount | $1,330,653 |
| Average GI Bill amount per recipient | $3,302 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 67 |
| Total DoD amount | $98,489 |
| Average DoD amount per recipient | $1,470 |
References
More about our data sources and methodologies.