$5,423

Avg. Federal Grant

$6,101

Avg. Federal Loan

$1,529,424

Total Aid Awarded

Chatfield College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$1.529M

Financial Aid Official Website

www.chatfield.edu/admissions/apply-for-financial-aid/

It is interesting to note that almost every student at CC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $412,967. At CC, the total percentage of applicants who receive the Federal Grant stands at 96%. Meanwhile, 100% of the applicants receive the Student Grant and 15% are awarded the Institution Grant, while 96% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $2,982, the State Grant receivers and Institution Grant beneficiaries get $1,500 and $1,243, respectively. And, for the Pell Grant awardees, the average aid amount is $2,318. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At CC, an estimated number of 100% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

91%

State Grant Aid

86%

Institution Grant Aid

14%

Pell Grant

91%

Average Aid Awarded

Federal Grant Aid

$5,423

State Grant Aid

$3,072

Institution Grant Aid

$6,281

Pell Grant

$5,373

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,017

$30,001 - $48,000

$9,400

$48,001 - $75,000

$3,126

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Chatfield College

Average Loan Amount Average Loan Amount received per year.

$6,101/Year

Students Taking Out Loans

82%

Loan Default Rate

14.2%

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