$4,677

Avg. Federal Grant

$4,457

Avg. Federal Loan

$9,117,200

Total Aid Awarded

County College of Morris (CCM) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

27%

Total Aid Amount Average Total Aid Awarded per year.

$9.117M

Financial Aid Official Website

www.ccm.edu/admissions/financialAid

Notably, 50% of the students at County College of Morris get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,983,438. The total percentage of candidates applying to County College of Morris who receive the Federal Grant is 29%. On the other hand, 35% of the candidates get the Student Grant, 6% receive the Institution Grant, and 29% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,873, the State Grant receivers and Institution Grant beneficiaries get $2,398 and $1,004, respectively. And, for the Pell Grant awardees, the average aid amount is $3,763. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At CCM, an estimated number of 20% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

15%

Institution Grant Aid

6%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$4,677

State Grant Aid

$2,568

Institution Grant Aid

$936

Pell Grant

$4,597

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,397

$30,001 - $48,000

$6,089

$48,001 - $75,000

$2,705

$75,001 - $110,000

$320

Over $110,000

$98

Student Loans for County College of Morris (CCM)

Average Loan Amount Average Loan Amount received per year.

$4,455/Year

Students Taking Out Loans

21%

Loan Default Rate

9.1%

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