$5,536

Avg. Federal Grant

$3,476

Avg. Federal Loan

$10,856,249

Total Aid Awarded

Copiah-Lincoln Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$10.856M

Financial Aid Official Website

www.colin.edu/financial-aid

Notably, 90% of the students at Copiah-Lincoln Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,959,325. For additional information about financial assistance schemes, one can head over to CLCC’s financial aid page at http://www.colin.edu/financial-aid. The total percentage of candidates applying to Copiah-Lincoln Community College who receive the Federal Grant is 64%. On the other hand, 89% of the candidates get the Student Grant, 28% receive the Institution Grant, and 64% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,741, and the same stands at $1,597 for State Grant awardees and $2,520 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,874. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Copiah-Lincoln Community College, the percentage of candidates who opt to avail of student loans is around 20%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

66%

State Grant Aid

25%

Institution Grant Aid

26%

Pell Grant

66%

Average Aid Awarded

Federal Grant Aid

$5,536

State Grant Aid

$1,470

Institution Grant Aid

$2,265

Pell Grant

$5,424

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,080

$30,001 - $48,000

$5,824

$48,001 - $75,000

$3,327

$75,001 - $110,000

$850

Over $110,000

$2,403

Student Loans for Copiah-Lincoln Community College

Average Loan Amount Average Loan Amount received per year.

$3,476/Year

Students Taking Out Loans

22%

Loan Default Rate

21.1%

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