Columbia College Chicago Financial Aid and Scholarships
Students Receiving Aid
74%
Total Aid Amount
$52.270M
Financial Aid Official Website
www.colum.edu/student-financial-services/index.php
As many as 93% of the students at CCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $29,034,265 in a year. At CCC, the total percentage of applicants who receive the Federal Grant stands at 34%. In comparison, 91% of the students are awarded the Student Grant, 91% get the Institution Grant, and 34% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,750, while the same comes to $4,491 for State Grant receivers and $9,097 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,473. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 CCC, an estimated number of 65% of the applicants choose to go for student loans.
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