by our College Data Analytics TeamThe majority 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 price tag of going to Valley College-Martinsburg can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financing options does Valley College of Technology offer, and what will you qualify for? Keep scrolling for more information. Keep reading to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Valley College-Martinsburg.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Valley College-Martinsburg, 89% of first-year full-time students received aid of some kind roughly 135 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $6,091 |
| Institutional grants & scholarships | 86% | $33 |
| Federal Pell grants | 86% | $4,903 |
| State/local grants | 26% | $3,717 |
| Federal student loans | 79% | $5,485 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Valley College of Technology, around 79% of undergraduates were awarded grant or scholarship aid averaging $5,714 (among about 825 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $5,714 |
| Federal Pell grants | 75% | $4,895 |
| Federal student loans | 82% | $5,679 |
For students living on campus and receiving title-IV aid, grants averaged $5,581.
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 | $25,637 |
| $30,001 – $75,000 | $24,673 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $25,751 |
| Off-campus title-IV students | $25,666 |
To project your own net price, use Valley College of Technology’s NPC: valley.edu/documents/net-price-calculator/martinsburg/index.html.
The middle student in the debt distribution at Valley College of Technology owes $9,418 in federal loans.
| 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Valley College of Technology.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,349 |
| Middle income | $9,500 |
| High income | $9,500 |
By First-Generation Status
| 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 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Valley College of Technology.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Valley College of Technology:
| 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.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $139,356 |
| Average GI Bill amount per recipient | $8,710 |
References
More about our data sources and methodologies.