$4,975

Avg. Federal Grant

N/A

Avg. Federal Loan

$8,723,428

Total Aid Awarded

Craven Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$8.723M

Financial Aid Official Website

cravencc.edu/financialaid/

It is interesting to note that, every year, around 72% of students at CCC receive some kind of financial aid. One can visit CCC's financial aid page at http://cravencc.edu/financialaid/ for more information. Notably, a total of 54% of the applicants to Craven Community College receive the Federal Grant every year. In comparison, 69% of the students are awarded the Student Grant, 8% get the Institution Grant, and 54% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,872, and the same stands at $858 for State Grant awardees and $976 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,757. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

60%

State Grant Aid

19%

Institution Grant Aid

16%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$4,975

State Grant Aid

$1,549

Institution Grant Aid

$1,086

Pell Grant

$4,960

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,843

$30,001 - $48,000

$4,803

$48,001 - $75,000

$3,944

$75,001 - $110,000

$7,179

Over $110,000

N/A

Student Loans for Craven Community College

Average Loan Amount Average Loan Amount received per year.

$8,750/Year

Students Taking Out Loans

1%

Loan Default Rate

16%

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