$4,937

Avg. Federal Grant

$3,641

Avg. Federal Loan

$39,665,174

Total Aid Awarded

Columbus State Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

33%

Total Aid Amount Average Total Aid Awarded per year.

$39.665M

Financial Aid Official Website

www.cscc.edu/services/financial-aid/

Such schemes include Education Foundation Scholarship, James R. Hunt Memorial Scholarship, Larry and Doris Clark Scholarship, and Minority Journalism Scholarship. It is interesting to note that, every year, around 72% of students at CSCC receive some kind of financial aid, while the total amount of assistance/loans provided is $23,283,986. Notably, a total of 49% of the applicants to Columbus State Community College receive the Federal Grant every year. Meanwhile, 60% of the applicants receive the Student Grant and 15% are awarded the Institution Grant, while 49% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,083, while the same comes to $3,872 for State Grant receivers and $1,847 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,553. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 31% of the applicants to Columbus State Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

2%

Institution Grant Aid

35%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$4,937

State Grant Aid

$3,450

Institution Grant Aid

$1,701

Pell Grant

$4,894

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants , with federal grants having the highest percentage contribution of 51% with an average aid amount being $4,937.


Pell grants have a percentage of 51% with an average aid amount of $4,894 which is higher than the State grant aid average of $3,450.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,224

$30,001 - $48,000

$5,310

$48,001 - $75,000

$2,991

$75,001 - $110,000

$884

Over $110,000

$468

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $6,224 while those with family income over $110,000 can expect to receive an aid amount of $468. This helps students who are coming from low income homes to pay for their degree.

Student Loans for Columbus State Community College

Average Loan Amount Average Loan Amount received per year.

$3,685/Year

Students Taking Out Loans

36%

Loan Default Rate

14.7%