by our College Data Analytics TeamA lot of students will never be charged 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 total cost of going to Three Rivers College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Three Rivers College deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover 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. The figures below will help you estimate the aid you might receive from Three Rivers College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Three Rivers College, 94% of first-year full-time students received aid of some kind approximately 434 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $9,413 |
| Institutional grants & scholarships | 29% | $4,672 |
| Federal Pell grants | 69% | $8,595 |
| State/local grants | 55% | $2,429 |
| Federal student loans | 10% | $4,650 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, about 67% of undergraduates were awarded an average grant or scholarship of $8,287 (for some 1795 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $8,287 |
| Federal Pell grants | 49% | $8,285 |
| Federal student loans | 13% | $5,919 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $10,141.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,500 |
| $30,001 – $75,000 | $10,535 |
| Over $75,000 | $12,374 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,496 |
| Off-campus title-IV students | $9,980 |
For a personalized estimate based on your family’s financial situation, use Three Rivers College’s official net price calculator: trcc.edu/pay-for-college/net-price-calculator/.
The middle student in the debt distribution at Three Rivers College owes $7,061 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,061 |
| Median federal debt (graduates only) | $10,000 |
| Typical 10-year monthly payment (graduates) | $106.02/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Three Rivers College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,500 |
| 75th percentile | $15,750 |
| 90th percentile (highest-debt students) | $26,334 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,000 |
| Middle income | $6,750 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,093 |
| Continuing-generation students | $7,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,341 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Three Rivers College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Three Rivers College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7172 |
| Total Stafford loan amount | $87,310,276 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 46 |
| Total GI Bill amount | $167,542 |
| Average GI Bill amount per recipient | $3,642 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $9,396 |
| Average DoD amount per recipient | $2,349 |
References
More about our data sources and methodologies.