by our College Data Analytics TeamMost students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Victoria College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does Victoria College offer, and what will you qualify for? Keep scrolling for more information. Keep reading to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Victoria College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Victoria College, 79% of entering full-time freshmen got some type of financial assistance roughly 244 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $5,648 |
| Institutional grants & scholarships | 29% | $1,008 |
| Federal Pell grants | 56% | $5,704 |
| State/local grants | 15% | $3,221 |
| Federal student loans | 4% | $5,074 |
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 Victoria College, around 60% of the undergraduate population received grant aid that averaged $3,221 (across roughly 1924 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $3,221 |
| Federal Pell grants | 36% | $4,026 |
| Federal student loans | 7% | $4,826 |
On-campus students receiving title-IV aid were awarded grants averaging $7,471.
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 | $3,842 |
| $30,001 – $75,000 | $5,199 |
| Over $75,000 | $8,804 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $3,043 |
| Off-campus title-IV students | $4,550 |
For an estimate tailored to your family circumstances, see Victoria College’s net price calculator: www.victoriacollege.edu/Explore/WaysToPay/FinancialAid/EstimatedCostToAttendVC.
Graduating students at Victoria College carry a median federal student debt of $7,256 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,256 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/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. The figures below chart the debt distribution at Victoria College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,747 |
| 25th percentile | $3,021 |
| 75th percentile | $10,740 |
| 90th percentile (highest-debt students) | $18,667 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,750 |
| Middle income | $7,189 |
| High income | $5,938 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,638 |
| Continuing-generation students | $5,768 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Victoria College.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Victoria College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4919 |
| Total Stafford loan amount | $59,440,586 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 38 |
| Total GI Bill amount | $110,383 |
| Average GI Bill amount per recipient | $2,905 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $534 |
| Average DoD amount per recipient | $534 |
References
More about our data sources and methodologies.