$5,153

Avg. Federal Grant

$4,428

Avg. Federal Loan

$6,086,102

Total Aid Awarded

Cisco College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$6.086M

Financial Aid Official Website

www.cisco.edu/s/926/index.aspx?sid=926&gid=1&pgid=328

Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. As many as 88% of the students at CC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,635,844 in a year. At CC, the total percentage of applicants who receive the Federal Grant stands at 61%. Meanwhile, 80% of the applicants receive the Student Grant and 36% are awarded the Institution Grant, while 60% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,328, the State Grant receivers and Institution Grant beneficiaries get $2,589 and $1,972, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,054. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CC, an estimated number of 16% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

63%

State Grant Aid

16%

Institution Grant Aid

37%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$5,153

State Grant Aid

$2,029

Institution Grant Aid

$2,030

Pell Grant

$5,143

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,259

$30,001 - $48,000

$5,365

$48,001 - $75,000

$5,165

$75,001 - $110,000

$1,113

Over $110,000

N/A

Student Loans for Cisco College

Average Loan Amount Average Loan Amount received per year.

$4,428/Year

Students Taking Out Loans

21%

Loan Default Rate

12.6%

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