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 price of attendance at Valley College-Cleveland can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial aid solutions can Valley College - Cleveland deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Valley College-Cleveland.
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.
Among first-time, full-time freshmen at Valley College-Cleveland, 95% of entering full-time freshmen got some type of financial assistance some 173 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $4,483 |
| Institutional grants & scholarships | 80% | $33 |
| Federal Pell grants | 80% | $4,134 |
| State/local grants | 11% | $1,777 |
| Federal student loans | 81% | $4,816 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Valley College - Cleveland, roughly 82% of undergrads got grants or scholarships worth on average $4,632 (among about 1176 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $4,632 |
| Federal Pell grants | 73% | $3,803 |
| Federal student loans | 83% | $3,790 |
On-campus students receiving title-IV aid were awarded grants averaging $4,273.
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 | $29,968 |
| $30,001 – $75,000 | $30,133 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $30,411 |
| Off-campus title-IV students | $30,096 |
To get a personalized net price estimate, try Valley College - Cleveland’s net price calculator: valley.edu/documents/net-price-calculator/cleveland/index.html.
The median student at Valley College - Cleveland graduates with $9,418 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,418 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Valley College - Cleveland.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,271 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,349 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,404 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Valley College - Cleveland.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Valley College - Cleveland:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3459 |
| Total Stafford loan amount | $33,751,764 |
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 | 13 |
| Total GI Bill amount | $66,958 |
| Average GI Bill amount per recipient | $5,151 |
References
More about our data sources and methodologies.