$4,073

Avg. Federal Grant

$4,094

Avg. Federal Loan

$6,636,574

Total Aid Awarded

Central Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

35%

Total Aid Amount Average Total Aid Awarded per year.

$6.637M

Financial Aid Official Website

https://www.cccneb.edu/financialaid/

As many as 87% of the students at CCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,238,011 in a year. One can visit CCC's financial aid page at https://www.cccneb.edu/financialaid/ for more information. The total percentage of candidates applying to Central Community College who receive the Federal Grant is 50%. On the other hand, 71% of the candidates get the Student Grant, 36% receive the Institution Grant, and 50% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,203, the State Grant receivers and Institution Grant beneficiaries get $918 and $801, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,459. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 32% of the applicants to Central Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

27%

Institution Grant Aid

35%

Pell Grant

52%

Average Aid Awarded

Federal Grant Aid

$4,073

State Grant Aid

$580

Institution Grant Aid

$827

Pell Grant

$4,008

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,154

$30,001 - $48,000

$4,890

$48,001 - $75,000

$2,752

$75,001 - $110,000

$678

Over $110,000

$217

Student Loans for Central Community College

Average Loan Amount Average Loan Amount received per year.

$4,094/Year

Students Taking Out Loans

34%

Loan Default Rate

12.1%

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