$4,978

Avg. Federal Grant

$5,826

Avg. Federal Loan

$37,486,785

Total Aid Awarded

Columbia College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$37.487M

Financial Aid Official Website

www.ccis.edu/offices/FinancialAid/

Such schemes include C.G. Fuller Foundation Scholarship, LinkScholars Program, Palmetto Fellows Scholarship, and South Carolina HOPE Scholarship. As many as 89% of the students at CC get some sort of financial aid, and the total amount of assistance/loans provided is more than $39,668,341 in a year. One can visit CC's financial aid page at http://www.ccis.edu/offices/FinancialAid/ for more information. Notably, a total of 52% of the applicants to Columbia College receive the Federal Grant every year. On the other hand, 86% of the candidates get the Student Grant, 50% receive the Institution Grant, and 52% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,138, and the same stands at $1,910 for State Grant awardees and $13,080 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,032. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $6,867 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $8,261, while those falling in the $48,001-$75,000 income category get $8,178 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $9,385. And, for those with a family income of more than $110,000, the amount stands at $12,573. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 61% of the applicants to Columbia College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

30%

Institution Grant Aid

56%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,978

State Grant Aid

$1,774

Institution Grant Aid

$12,580

Pell Grant

$4,931

Columbia College provides plenty of financial aid assistance to the student. We have accumulated the data and broken it down into compact points to help you get an idea of what financial assistance is the most suitable for you when it comes to choosing financial aid to pursue a degree program at Columbia College.

  • Around 53% of students receive federal grant aid, with an average of $4,978.

  • Under Pell Grant, approximately 53% of the student receives it, which amounts to an average of $4,931.

  • Only  30% of the students get the state grant, which is around $1,774.

  • 56% of the students receive the institutional grant at an average of $12,580.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,405

$30,001 - $48,000

$10,634

$48,001 - $75,000

$11,789

$75,001 - $110,000

$10,416

Over $110,000

$12,393

The financial aid breakdown based on family income gives a clear idea about what students can expect from financial aid according to their family income. This detailed structure is presented via the five annual income brackets with their respective average financial aid. The student can expect to see the variation in the amount of aid provided based on the EFC of the students’ families.

  • If the student’s family income range falls under $30,000, then students can access financial aid up to a value of $9,405.

  • In case the annual income has a range of $30,001 and $48,000, the student may receive financial aid of approximately $10,634.

  • For a student, family income bracket of $48,001 to $75,000, the student can get the aid of $11,789.

  • Furthermore, if a student's  annual income lies between $75,001 and $110,000, the financial aid goes down to $10,416.

  • The student whose income is above $110,000, he/she will fetch an amount of financial aid of about $12,393.

Student Loans for Columbia College

Average Loan Amount Average Loan Amount received per year.

$6,362/Year

Students Taking Out Loans

55%

Loan Default Rate

12.5%

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