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.
Interested in understanding the financial aid resources available at Durham Technical Community College and your eligibility? Find the answers you seek below.
Durham Technical Community College average financial aid offer for freshmen students is $6,066.00. Approximately 88% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Durham Technical Community College.
As well as scholarships, 53% of freshmen (153 total) obtained a federal grant, for about $8,210.00 a piece.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
53% of first-year students at Durham Technical Community College (153 total) got a federal grant, averaging $8,210.00.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 33.91% | $10,121.00 |
| Income 30k-48k | 11.07% | $9,082.00 |
| Income 48k-75k | 7.96% | $6,694.00 |
| Income 75k-110k | 2.77% | $6,913.00 |
| Income 110k + | 0.69% | $3,651.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 289 undergraduate students at Durham Technical Community College around 88% (250 total) receive some form of grant aid. The typical amount awarded was $6,066.00.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.