by our College Data Analytics TeamA lot of students will never be charged 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 sum total of attendance at Terra State Community College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will Terra Community College offer, and what will you qualify for? Read on for more information. Read on 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 Terra State Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Terra State Community College, 88% of first-year full-time students received aid of some kind (about 203 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $4,710 |
| Institutional grants & scholarships | 42% | $1,781 |
| Federal Pell grants | 50% | $5,445 |
| State/local grants | 10% | $2,575 |
| Federal student loans | 48% | $5,087 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 38% of undergraduates were awarded grant or scholarship aid averaging $3,842 (for some 831 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $3,842 |
| Federal Pell grants | 27% | $4,059 |
| Federal student loans | 22% | $5,488 |
Title-IV recipients living on campus saw average grant aid of $6,302.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,612 |
| $30,001 – $75,000 | $11,748 |
| Over $75,000 | $13,970 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $17,345 |
| Off-campus title-IV students | $11,691 |
For an estimate tailored to your family circumstances, see Terra Community College’s net price calculator: www.terra.edu/apply_aid/paying_for_college/net_price_calculator/.
Graduating students at Terra Community College carry a median federal student debt of $8,557 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,557 |
| Median federal debt (graduates only) | $17,500 |
| Typical 10-year monthly payment (graduates) | $185.53/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Terra Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,951 |
| 25th percentile | $3,800 |
| 75th percentile | $18,229 |
| 90th percentile (highest-debt students) | $28,096 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $7,587 |
| High income | $6,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,000 |
| Continuing-generation students | $7,610 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,082 |
| Independent students | $11,280 |
A handful of calculated indicators summarize the debt outlook at Terra Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Terra Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7806 |
| Total Stafford loan amount | $94,815,946 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 24 |
| Total GI Bill amount | $100,092 |
| Average GI Bill amount per recipient | $4,171 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $8,456 |
| Average DoD amount per recipient | $2,819 |
References
More about our data sources and methodologies.