$5,043

Avg. Federal Grant

$4,471

Avg. Federal Loan

$17,634,414

Total Aid Awarded

Chabot College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$17.634M

Financial Aid Official Website

www.chabotcollege.edu/finaid/

As many as 64% of the students at CC get some sort of financial aid, and the total amount of assistance/loans provided is more than $850,489 in a year. More information regarding the financial assistance schemes can be accessed on CC’s official financial aid page at http://www.chabotcollege.edu/finaid/. At CC, the total percentage of applicants who receive the Federal Grant stands at 38%. In comparison, 63% of the students get the Student Grant, and 38% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,298, and the same stands at $2,039 for State Grant awardees and $100 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,954. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Chabot College, the percentage of candidates who opt to avail of student loans is around 2%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

63%

Institution Grant Aid

N/A

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$5,043

State Grant Aid

$1,986

Institution Grant Aid

N/A

Pell Grant

$4,900

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,334

$30,001 - $48,000

$7,832

$48,001 - $75,000

$4,435

$75,001 - $110,000

$2,810

Over $110,000

N/A

Student Loans for Chabot College

Average Loan Amount Average Loan Amount received per year.

$4,471/Year

Students Taking Out Loans

1%

Loan Default Rate

14.5%

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