by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
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 Southwest Virginia.
Unable to Report on First Year Student Financial Aid
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.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Southwest Virginia Community College.
In addition to scholarships, 76% of first years (337 total) were awarded federal grant aid, averaging $4,972.00 each.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
76% of freshman students at Southwest Virginia Community College (337 total) got a federal grant, averaging $4,972.00.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 40.41% | $7,156.00 |
| Income 30k-48k | 14.00% | $7,459.00 |
| Income 48k-75k | 10.61% | $6,479.00 |
| Income 75k-110k | 1.58% | $7,284.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 443 undergraduate students at Southwest Virginia Community College around 99% (438 total) receive some form of grant aid. The typical amount awarded was $6,643.00.
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.