$5,254

Avg. Federal Grant

$7,587

Avg. Federal Loan

$1,135,851

Total Aid Awarded

CNI College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

50%

Total Aid Amount Average Total Aid Awarded per year.

$1.136M

Financial Aid Official Website

N/A

As many as 71% of the students at CNI get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,983,657 in a year. At CNI, the total percentage of applicants who receive the Federal Grant stands at 44%. On the other hand, 44% of the candidates get the Student Grant, while 44% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,144. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CNI, an estimated number of 59% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

8%

Institution Grant Aid

N/A

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$5,254

State Grant Aid

$3,857

Institution Grant Aid

N/A

Pell Grant

$4,615

The above-mentioned table represents the financial aid provided that is offered by Career Networks Institute constitutes four separate categories which are Federal Grants, Pell Grants, State Grants, and Institutional Grants. In light of the Pell grant aid and the Federal grant aid the percentage coverage for each of them is about 49%. The amount offered under the Pell grant aid programs is $4,615 and when it comes to Federal grant aid the average amount provided under this scheme is $5,254 which is observed to be the highest amount of grants within the mentioned grants in the above table. The aid that covers the least percentage of students is State Grants which is about 8% and also the average grant amount provided under this category of aid for the college is the lowest of all the grants whose data are provided in the above table and is around $3,857.

Now if we look at the Institutional grant aid and the average amount assigned under this scheme, the data related to this is unavailable in the table as the data related to this insufficient. Please visit the official website for more information related to the same.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,639

$30,001 - $48,000

N/A

$48,001 - $75,000

$1,685

$75,001 - $110,000

N/A

Over $110,000

N/A

As represented in the table here the federal aid that is being provided to the students of the university majorly depends on the financial conditions and the annual family income of the students.  As a person can come across in the table above the students whose family income is below $30,000 per annum they have the provision of higher federal aid in order to make the educational burden little less on them the amount provided to these students is around $6,639 as their financial conditions are a bit on the weaker side. This federal aid amount provided by the university decreases as the financial conditions of the students strengthen or in other words the family income on annual basis increases as depicted in the table. There is a drastic fall in the financial aid provided after the $48,001 to $75,000 category and it amounts to $1,685. The details regarding the students who belong to $30,001 to $48,000 of family income or $75,001 to $110,000 of family income or over $110,000 of family income are not given as the data was insufficient. Please visit the college’s official website for the required information.

Student Loans for CNI College

Average Loan Amount Average Loan Amount received per year.

$7,587/Year

Students Taking Out Loans

62%

Loan Default Rate

3%

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