$4,432

Avg. Federal Grant

$4,762

Avg. Federal Loan

$3,708,663

Total Aid Awarded

Cecil College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$3.709M

Financial Aid Official Website

www.cecil.edu/Admissions-and-Aid/Financial-Aid-and-Scholarships/Pages/default.aspx

Such schemes include Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship. Notably, 76% of the students at Cecil College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,108,407. Notably, a total of 40% of the applicants to Cecil College receive the Federal Grant every year. In comparison, 67% of the students are awarded the Student Grant, 37% get the Institution Grant, and 40% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,633, while the same comes to $989 for State Grant receivers and $1,314 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,465. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Every year, around 21% of the applicants to Cecil College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

45%

State Grant Aid

13%

Institution Grant Aid

33%

Pell Grant

45%

Average Aid Awarded

Federal Grant Aid

$4,432

State Grant Aid

$920

Institution Grant Aid

$1,190

Pell Grant

$4,350

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,523

$30,001 - $48,000

$3,316

$48,001 - $75,000

$1,425

$75,001 - $110,000

$512

Over $110,000

$229

Student Loans for Cecil College

Average Loan Amount Average Loan Amount received per year.

$4,762/Year

Students Taking Out Loans

23%

Loan Default Rate

17.1%

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