by our College Data Analytics TeamA lot 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 total cost of going to Valley Grande Institute for Academic Studies can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does VGI offer, and what will you qualify for? Keep scrolling for more information. Read on to discover how much school funding could 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Valley Grande Institute for Academic Studies.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Valley Grande Institute for Academic Studies, 100% of entering full-time freshmen got some type of financial assistance (about 120 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,854 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $5,854 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $3,525 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At VGI, about 99% of undergrads got grants or scholarships worth on average $3,621 (among about 250 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $3,621 |
| Federal Pell grants | 95% | $2,927 |
| Federal student loans | 95% | $5,894 |
Title-IV recipients living on campus saw average grant aid of $5,854.
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 | $11,327 |
| $30,001 – $75,000 | $12,121 |
| Over $75,000 | $4,591 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $12,051 |
| Off-campus title-IV students | $11,260 |
For a personalized estimate based on your family’s financial situation, use VGI’s net price calculator: www.vgi.edu/wp-content/uploads/2019/10/index-3-1.html.
Graduating students at VGI carry a median federal student debt of $9,317 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,317 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at VGI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,584 |
| 25th percentile | $7,019 |
| 75th percentile | $12,103 |
| 90th percentile (highest-debt students) | $16,763 |
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 | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,176 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. VGI.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at VGI:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3732 |
| Total Stafford loan amount | $37,768,772 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.