$4,415

Avg. Federal Grant

$3,506

Avg. Federal Loan

$6,058,186

Total Aid Awarded

Cowley College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$6.058M

Financial Aid Official Website

www.cowley.edu/finaid/index.html

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,065,899. The total percentage of candidates applying to Cowley County Community College who receive the Federal Grant is 47%. On the other hand, 88% of the candidates get the Student Grant, 69% receive the Institution Grant, and 47% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,397, while the same comes to $2,681 for State Grant receivers and $3,802 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,893. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CCCC, an estimated number of 33% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

N/A

Institution Grant Aid

66%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,415

State Grant Aid

$3,160

Institution Grant Aid

$2,532

Pell Grant

$4,343

The average amount of federal loan sums up to an amount of $3,506. The total aid generally received by the students is $6,058,186. Only 62% students receive such loans. The percentage of students who receive the federal and Pell grants stands at 46%, with average amounts coming up to $4,415 and $4,343 respectively. The state aid grant provided turns out to be around $3,160. The institutional grants however are $2,532 and it is offered to around 66% students.

When we talk about student loans, the average amount of student loans amount to $3,506 and around 40% students choose to avail students’ loans. The loan default rate is also at a low range of 5.4%.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,842

$30,001 - $48,000

$5,407

$48,001 - $75,000

$2,630

$75,001 - $110,000

$1,767

Over $110,000

$1,577

To ease you out a bit with regards to the college’s financial aid, we also present the financial aid amount to you on the basis of your family income range so that you can set your expectations accordingly.

If your family income range falls somewhere under $30,000 you can access financial aid up to a value of $5,842. In case your income bracket falls between the range of $30,001 and $48,000 the amount up to which you may get financial aid is approximately $5,407. For a family income bracket of $48,001 to $75,000 you may get about $2,630.

If your income lies between $75,001 and $110,000 your financial aid goes down to $1,767. Similarly, the further you go up the ladder in terms of income, the lower amount of financial assistance you are going to get. Any income ranging above $110,000 will fetch you a small amount of financial aid of about $1,577. The whole idea is to assist those in larger need of financial aid. For further details on Financial Aid provided by Cowley College, you may visit this link.

Student Loans for Cowley College

Average Loan Amount Average Loan Amount received per year.

$3,506/Year

Students Taking Out Loans

40%

Loan Default Rate

5.4%

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