$5,325

Avg. Federal Grant

$4,894

Avg. Federal Loan

$16,307,747

Total Aid Awarded

Community College Of Aurora Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

32%

Total Aid Amount Average Total Aid Awarded per year.

$16.308M

Financial Aid Official Website

www.ccaurora.edu/students/paying-college/financial-aid

Such schemes include Boettcher Foundation Scholarship, Colorado Ski Authority Annual Scholarship, and Western Undergraduate Exchange. It is interesting to note that, every year, around 68% of students at CCA receive some kind of financial aid, while the total amount of assistance/loans provided is $5,778,398. The total percentage of candidates applying to Community College of Aurora who receive the Federal Grant is 50%. In comparison, 67% of the students are awarded the Student Grant, 19% get the Institution Grant, and 50% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,374, the State Grant receivers and Institution Grant beneficiaries get $2,253 and $1,881, respectively. And, for the Pell Grant awardees, the average aid amount is $3,418. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At CCA, an estimated number of 21% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

45%

Institution Grant Aid

5%

Pell Grant

52%

Average Aid Awarded

Federal Grant Aid

$5,325

State Grant Aid

$2,397

Institution Grant Aid

$906

Pell Grant

$5,192

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,009

$30,001 - $48,000

$5,166

$48,001 - $75,000

$2,137

$75,001 - $110,000

$79

Over $110,000

N/A

Student Loans for Community College Of Aurora

Average Loan Amount Average Loan Amount received per year.

$5,028/Year

Students Taking Out Loans

20%

Loan Default Rate

12.6%