$4,871

Avg. Federal Grant

$4,092

Avg. Federal Loan

$31,548,203

Total Aid Awarded

Community College of Rhode Island (CCRI) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$31.548M

Financial Aid Official Website

www.ccri.edu/oes/fa/

Such schemes include Albert E. And Florence W. Newton Nurse Scholarship, Aldo Freda Legislative Pages Scholarship, Harry Itchkawich Memorial Scholarship, and New England Regional Student Program. It is interesting to note that, every year, around 96% of students at CCRI receive some kind of financial aid, while the total amount of assistance/loans provided is $10,331,111. One can visit CCRI's financial aid page at http://www.ccri.edu/oes/fa/ for more information. The total percentage of candidates applying to Community College of Rhode Island who receive the Federal Grant is 55%. In comparison, 92% of the students are awarded the Student Grant, 47% get the Institution Grant, and 55% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,677, the State Grant receivers and Institution Grant beneficiaries get $3,250 and $448, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,555. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 5% of the applicants to Community College of Rhode Island opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

60%

Institution Grant Aid

49%

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$4,871

State Grant Aid

$3,447

Institution Grant Aid

$676

Pell Grant

$4,812

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,876

$30,001 - $48,000

$5,799

$48,001 - $75,000

$5,265

$75,001 - $110,000

$4,014

Over $110,000

$3,711

Student Loans for Community College of Rhode Island (CCRI)

Average Loan Amount Average Loan Amount received per year.

$4,127/Year

Students Taking Out Loans

12%

Loan Default Rate

13.1%

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Providence, Rhode Island 4 years Private Not-For-Profit

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