$4,834

Avg. Federal Grant

$4,507

Avg. Federal Loan

$28,816,698

Total Aid Awarded

College of Central Florida Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$28.817M

Financial Aid Official Website

www.cf.edu/go/financialaid/

It is interesting to note that, every year, around 84% of students at CCF receive some kind of financial aid, while the total amount of assistance/loans provided is $9,379,831. One can visit CCF's financial aid page at http://www.cf.edu/go/financialaid/ for more information. At CCF, the total percentage of applicants who receive the Federal Grant stands at 63%. On the other hand, 83% of the candidates get the Student Grant, 31% receive the Institution Grant, and 61% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,021, and the same stands at $2,060 for State Grant awardees and $1,503 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,050. 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 College of Central Florida, the percentage of candidates who opt to avail of student loans is around 21%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

25%

Institution Grant Aid

25%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,834

State Grant Aid

$1,895

Institution Grant Aid

$1,701

Pell Grant

$4,957

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,539

$30,001 - $48,000

$4,877

$48,001 - $75,000

$2,517

$75,001 - $110,000

$196

Over $110,000

N/A

Student Loans for College of Central Florida

Average Loan Amount Average Loan Amount received per year.

$4,565/Year

Students Taking Out Loans

25%

Loan Default Rate

7.5%

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