by our College Data Analytics TeamFinancial 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.
Curious about the financial aid opportunities at Rowan-Cabarrus Community College and what you may be eligible for? Explore the answers here.
$7,437.00 is the typical Rowan-Cabarrus Community College’s first year financial aid package. A significant 73% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Rowan-Cabarrus Community College.
As well as scholarships, 67% of first-year students (463 total) got a federal grant, for about $6,819.00 per person.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
67% of first years at Rowan-Cabarrus Community College (463 total) obtained a federal grant, averaging $6,819.00.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 31.30% | $8,970.00 |
| Income 30k-48k | 13.33% | $8,205.00 |
| Income 48k-75k | 8.55% | $7,065.00 |
| Income 75k-110k | 0.87% | $6,191.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
73% of the 690 undergraduates at Rowan-Cabarrus Community College receive some sort of grant aid. This is a total of about 496 students getting an average of $7,437.00 per person.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
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