by our College Data Analytics TeamA lot of students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Volunteer State Community College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial aid options can VSCC offer, and what will you qualify for? Keep reading for more information. Read on to see what amount of financial assistance could be accessible 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 Volunteer State Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Volunteer State Community College, 90% of first-year full-time students received aid of some kind around 1397 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $6,752 |
| Institutional grants & scholarships | 7% | $1,833 |
| Federal Pell grants | 49% | $5,453 |
| State/local grants | 84% | $3,701 |
| Federal student loans | 2% | $3,749 |
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 VSCC, approximately 78% of undergraduates were awarded grant or scholarship aid averaging $4,646 (across approximately 5129 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $4,646 |
| Federal Pell grants | 33% | $4,604 |
| Federal student loans | 5% | $4,934 |
For students living on campus and receiving title-IV aid, grants averaged $8,599.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,675 |
| $30,001 – $75,000 | $11,383 |
| Over $75,000 | $12,534 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $7,802 |
| Off-campus title-IV students | $10,477 |
For a personalized estimate based on your family’s financial situation, use VSCC’s net price tool: www.volstate.edu/FinancialAid/Cost.php.
The median student at VSCC graduates with $4,727 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,727 |
| Median federal debt (graduates only) | $7,550 |
| Typical 10-year monthly payment (graduates) | $80.04/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at VSCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,350 |
| 25th percentile | $2,018 |
| 75th percentile | $8,250 |
| 90th percentile (highest-debt students) | $14,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,250 |
| Middle income | $4,400 |
| High income | $4,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,595 |
| Continuing-generation students | $5,135 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $5,925 |
These indicators are derived from the underlying debt data and summarize the overall picture at VSCC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at VSCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12969 |
| Total Stafford loan amount | $83,845,747 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 121 |
| Total GI Bill amount | $388,024 |
| Average GI Bill amount per recipient | $3,207 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.