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.
What amount of Gaston College financial assistance will actually be available to you?Get answers to your questions here.
Financial Aid for First Years Students Not Known
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Gaston College you could end up dealing with.
In addition to scholarships, 58% of first-year students (171 total) got federal grant aid, averaging $5,482.00 per person.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
58% of first-year students at Gaston College (171 total) obtained a federal grant, averaging $5,482.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 34.46% | $6,440.00 |
| Income 30k-48k | 13.18% | $5,581.00 |
| Income 48k-75k | 8.78% | $2,439.00 |
| Income 75k-110k | 1.01% | $1,636.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
185 Gaston College undergrads obtain grant aid (this is about 67% of the entire undergraduate student population). The average amount these students receive is $5,622.00.Most of them are distributed as 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.