$5,781

Avg. Federal Grant

$4,215

Avg. Federal Loan

$57,839,589

Total Aid Awarded

Community College Of Philadelphia Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$57.840M

Financial Aid Official Website

www.ccp.edu/site/prospective/financial_aid/

Among them are scholarship programs such as AlliedBarton Security Services Scholarship, CORE Philly Scholarships, College Scholarship for Academic Excellence, and Community College of Philadelphia Foundation Scholars Program. Notably, 80% of the students at Community College of Philadelphia get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $22,879,320. Notably, a total of 70% of the applicants to Community College of Philadelphia receive the Federal Grant every year. In comparison, 73% of the students are awarded the Student Grant, 8% get the Institution Grant, and 70% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,940, the State Grant receivers and Institution Grant beneficiaries get $1,185 and $840, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,171. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. Every year, around 33% of the applicants to Community College of Philadelphia opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

73%

State Grant Aid

29%

Institution Grant Aid

9%

Pell Grant

73%

Average Aid Awarded

Federal Grant Aid

$5,781

State Grant Aid

$1,216

Institution Grant Aid

$687

Pell Grant

$5,666

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,598

$30,001 - $48,000

$4,708

$48,001 - $75,000

$1,933

$75,001 - $110,000

$320

Over $110,000

N/A

Student Loans for Community College Of Philadelphia

Average Loan Amount Average Loan Amount received per year.

$4,215/Year

Students Taking Out Loans

39%

Loan Default Rate

18.5%

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