$4,194

Avg. Federal Grant

$3,718

Avg. Federal Loan

$16,730,672

Total Aid Awarded

Columbia State Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$16.731M

Financial Aid Official Website

www.columbiastate.edu/FinancialAid

Among them are scholarship programs such as Chapter 105 - Memphis - Les Segar Memorial Scholarship, Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship, Tennessee HOPE Scholarship, and Tennessee Student Assistance Award. It is interesting to note that, every year, around 99% of students at CSCC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,868,982. Notably, a total of 47% of the applicants to Columbia State Community College receive the Federal Grant every year. In comparison, 99% of the students are awarded the Student Grant, 3% get the Institution Grant, and 47% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,271, the State Grant receivers and Institution Grant beneficiaries get $3,464 and $4,612, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,783. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. At CSCC, an estimated number of 5% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

86%

Institution Grant Aid

3%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,194

State Grant Aid

$3,405

Institution Grant Aid

$5,006

Pell Grant

$4,119

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,354

$30,001 - $48,000

$6,828

$48,001 - $75,000

$4,739

$75,001 - $110,000

$2,550

Over $110,000

N/A

Student Loans for Columbia State Community College

Average Loan Amount Average Loan Amount received per year.

$3,718/Year

Students Taking Out Loans

6%

Loan Default Rate

18.1%

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