$4,605

Avg. Federal Grant

$3,463

Avg. Federal Loan

$44,259,171

Total Aid Awarded

College of Southern Nevada (CSN) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

40%

Total Aid Amount Average Total Aid Awarded per year.

$44.259M

Financial Aid Official Website

https://www.csn.edu/financial-aid

Such schemes include Western Undergraduate Exchange. Notably, 84% of the students at College of Southern Nevada get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $16,012,965. Notably, a total of 52% of the applicants to College of Southern Nevada receive the Federal Grant every year. Meanwhile, 81% of the applicants receive the Student Grant and 39% are awarded the Institution Grant, while 52% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,841, and the same stands at $1,505 for State Grant awardees and $886 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,546. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. At CSN, an estimated number of 12% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

44%

Institution Grant Aid

25%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$4,605

State Grant Aid

$1,067

Institution Grant Aid

$1,323

Pell Grant

$4,561

The college contributes a good amount of $44,259,171 towards providing their students a substantial financial aid. About 40% of CSN students get financial aid. The following data will help you understand how the financial aid is appropriately distributed.

  • 49% of candidates get Federal Grants to almost an amount of $4,605.

  • The students also receive Pell grants up to a sum of $4,561, almost 49% of them.

  • 44% of students receive one of the state grants of an amount of $1,067.

  • Institutional grants are provided up to an amount of $1,323 to almost 25% of the CSN students.

  • Students also apply for federal loans which amounts to an average of $3,463.

  • Only 14% of the students opt for a student loan. The average amount of a student loan is $3,484. The default rate for these loans are 27.3%.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,948

$30,001 - $48,000

$5,428

$48,001 - $75,000

$3,441

$75,001 - $110,000

$1,130

Over $110,000

$821

We also throw some light on the amount of financial aid that you may be expected to receive in terms of your family income at CSN.

You might expect to get a sum of $5,948 as a financial aid given your family income is below $30,000. The sum might reduce slightly for a family income between $30,001 - $48,000 and be $5,428. As we move to the family income bracket of $48,001 to $75,000, the financial aid amount would now be $3,441.

The expected amount of financial aid can be $1,130 if you belong to an income category of $75,000 to $110,000. The figure might further go down to only $821 for income higher than $110,000. The fact that the amount you receive as a financial aid goes on decreasing as your income level increases justifies that the university would assist those who are in an exceptional need of funds than those who can afford them.

Student Loans for College of Southern Nevada (CSN)

Average Loan Amount Average Loan Amount received per year.

$3,484/Year

Students Taking Out Loans

14%

Loan Default Rate

27.3%

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