by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from CCRI.
$5,428.00 is the typical Community College of Rhode Island’s first year financial aid package. 97% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Community College of Rhode Island.
As well as scholarships, 66% of first-year students (1880 total) got a federal grant, for about $4,744.00 per person.
The stats and the chart following pertain to primarily grants from federal sources, plus some local and state grants.
66% of freshmen at Community College of Rhode Island (1880 total) received a federal grant, averaging $4,744.00.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 32.62% | $5,509.00 |
| Income 30k-48k | 13.78% | $4,628.00 |
| Income 48k-75k | 8.43% | $2,452.00 |
| Income 75k-110k | 1.22% | $975.00 |
| Income 110k + | 0.03% | $267.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
2715 CCRI undergrads obtain grant aid (this is about 97% of the entire undergraduate student population). The average amount these students receive is $5,428.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.