by our College Data Analytics TeamThe majority of students are not billed 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 price tag of going to Wenatchee Valley College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial assistance solutions will WVC provide, and just what are you going to be eligible for? Read on for answers. Read on to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Wenatchee Valley College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Wenatchee Valley College, 81% of new full-time first-years were awarded at least some aid around 322 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $9,031 |
| Institutional grants & scholarships | 32% | $1,924 |
| Federal Pell grants | 53% | $5,857 |
| State/local grants | 61% | $5,001 |
| Federal student loans | 7% | $5,948 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At WVC, around 44% of undergraduate students received gift aid averaging $8,935 (across roughly 1245 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $8,935 |
| Federal Pell grants | 27% | $5,334 |
| Federal student loans | 4% | $6,476 |
On-campus students receiving title-IV aid were awarded grants averaging $11,105.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,054 |
| $30,001 – $75,000 | $10,995 |
| Over $75,000 | $16,826 |
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 | $9,722 |
| Off-campus title-IV students | $10,733 |
To get a personalized net price estimate, try WVC’s net price calculator: www.wvc.edu/apply/pay/financial-aid/financial-aid-calculator.html.
A typical borrower at WVC leaves with $7,046 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,046 |
| Median federal debt (graduates only) | $10,332 |
| Typical 10-year monthly payment (graduates) | $109.54/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 WVC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,500 |
| 75th percentile | $15,491 |
| 90th percentile (highest-debt students) | $25,677 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,903 |
| Continuing-generation students | $8,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. WVC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at WVC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5309 |
| Total Stafford loan amount | $72,505,647 |
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 | 20 |
| Total GI Bill amount | $39,499 |
| Average GI Bill amount per recipient | $1,975 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $965 |
| Average DoD amount per recipient | $965 |
References
More about our data sources and methodologies.