$4,548

Avg. Federal Grant

N/A

Avg. Federal Loan

$4,889,224

Total Aid Awarded

Cerro Coso Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$4.889M

Financial Aid Official Website

https://www.cerrocoso.edu/studentservices/financial-aid

Notably, around 77% of the students at Cerro Coso Community College receive some kind of financial aid every year, official data shows. More information regarding the financial assistance schemes can be accessed on CCCC’s official financial aid page at https://www.cerrocoso.edu/studentservices/financial-aid. Notably, a total of 38% of the applicants to Cerro Coso Community College receive the Federal Grant every year. In comparison, 77% of the students are awarded the Student Grant, 2% get the Institution Grant, and 38% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,483, while the same comes to $1,689 for State Grant receivers and $850 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,433. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

69%

Institution Grant Aid

1%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$4,548

State Grant Aid

$1,773

Institution Grant Aid

$1,000

Pell Grant

$4,459

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,569

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

$6,620

Student Loans for Cerro Coso Community College

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

5.8%

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