$4,524

Avg. Federal Grant

$4,417

Avg. Federal Loan

$2,604,251

Total Aid Awarded

Carroll Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

28%

Total Aid Amount Average Total Aid Awarded per year.

$2.604M

Financial Aid Official Website

www.carrollcc.edu/Costs-and-Aid/

Notably, 58% of the students at Carroll Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,309,056. For additional information about financial assistance schemes, one can head over to CCC’s financial aid page at http://www.carrollcc.edu/Costs-and-Aid/. At CCC, the total percentage of applicants who receive the Federal Grant stands at 28%. In comparison, 56% of the students are awarded the Student Grant, 34% get the Institution Grant, and 28% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,443, and the same stands at $1,132 for State Grant awardees and $3,054 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,291. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At CCC, an estimated number of 5% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

9%

Institution Grant Aid

13%

Pell Grant

22%

Average Aid Awarded

Federal Grant Aid

$4,524

State Grant Aid

$1,257

Institution Grant Aid

$1,452

Pell Grant

$4,304

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,934

$30,001 - $48,000

$4,351

$48,001 - $75,000

$2,532

$75,001 - $110,000

$240

Over $110,000

$67

Student Loans for Carroll Community College

Average Loan Amount Average Loan Amount received per year.

$4,299/Year

Students Taking Out Loans

9%

Loan Default Rate

7.2%

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