$4,835

Avg. Federal Grant

$6,094

Avg. Federal Loan

$18,571,748

Total Aid Awarded

Columbus College of Art and Design (CCAD) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$18.572M

Financial Aid Official Website

www.ccad.edu/college-services/one-stop-student-services/financial-aid

Such schemes include Dr. Allen Smith Memorial Scholarship, Education Foundation Scholarship, James R. Hunt Memorial Scholarship, and Larry and Doris Clark Scholarship. Interestingly, almost all of the students at CCAD receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $5,349,914 in a year. At CCAD, the total percentage of applicants who receive the Federal Grant stands at 41%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 41% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,938, and the same stands at $2,915 for State Grant awardees and $16,981 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,726. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 Columbus College of Art and Design, the percentage of candidates who opt to avail of student loans is around 73%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

33%

Institution Grant Aid

100%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$4,835

State Grant Aid

$2,906

Institution Grant Aid

$18,286

Pell Grant

$4,592

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$25,976

$30,001 - $48,000

$26,815

$48,001 - $75,000

$25,744

$75,001 - $110,000

$24,595

Over $110,000

$23,865

Student Loans for Columbus College of Art and Design (CCAD)

Average Loan Amount Average Loan Amount received per year.

$9,632/Year

Students Taking Out Loans

84%

Loan Default Rate

7.4%

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