by our College Data Analytics TeamMany students attending Virginia Western Community College can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Interested in understanding the financial aid resources available at Virginia Western Community College and your eligibility? Find the answers you seek below.
$5,246.00 is the typical Virginia Western Community College’s first year financial aid package. Financial aid is provided to about 84% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Virginia Western Community College you may end up taking on.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers below apply to scholarships and grants primarily provided by Virginia Western Community College.
20% of new students (144 total) were given scholarships at Virginia Western Community College, averaging $2,965.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 72% of first-year students (530 total) got a federal grant, for about $4,027.00 per person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 30.46% | $6,391.00 |
| Income 30k-48k | 13.52% | $6,381.00 |
| Income 48k-75k | 9.97% | $4,684.00 |
| Income 75k-110k | 3.96% | $1,676.00 |
| Income 110k + | 0.96% | $398.00 |
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.
584 Virginia Western Community College undergrads obtain grant aid (this is about 84% of the entire undergraduate student population). The average amount these students receive is $5,246.00.The majority of which come in the form 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.