$5,274

Avg. Federal Grant

$4,538

Avg. Federal Loan

$9,719,150

Total Aid Awarded

Cayuga Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

43%

Total Aid Amount Average Total Aid Awarded per year.

$9.719M

Financial Aid Official Website

https://www.cayuga-cc.edu/financial-aid/

As many as 91% of the students at CCCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,601,431 in a year. At CCCC, the total percentage of applicants who receive the Federal Grant stands at 66%. In comparison, 86% of the students are awarded the Student Grant, 9% get the Institution Grant, and 65% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,916, the State Grant receivers and Institution Grant beneficiaries get $2,564 and $2,301, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,452. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Cayuga County Community College, the percentage of candidates who opt to avail of student loans is around 41%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

82%

Institution Grant Aid

7%

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$5,274

State Grant Aid

$2,851

Institution Grant Aid

$2,478

Pell Grant

$5,171

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,270

$30,001 - $48,000

$7,657

$48,001 - $75,000

$4,207

$75,001 - $110,000

$2,767

Over $110,000

N/A

Student Loans for Cayuga Community College

Average Loan Amount Average Loan Amount received per year.

$4,538/Year

Students Taking Out Loans

46%

Loan Default Rate

17.1%

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