$4,088

Avg. Federal Grant

$5,895

Avg. Federal Loan

$1,689,797

Total Aid Awarded

Crowleys Ridge College (CRC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$1.690M

Financial Aid Official Website

N/A

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 $1,295,606. The total percentage of candidates applying to Crowley's Ridge College who receive the Federal Grant is 64%. Meanwhile, 98% of the applicants receive the Student Grant and 96% are awarded the Institution Grant, while 64% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,940, the State Grant receivers and Institution Grant beneficiaries get $885 and $4,635, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,748. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $4,788 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,320 and $3,614, respectively. Those with an annual income level of $75,001-$110,000 would receive $2,223, while candidates with more than $110,000 of family income receive an average federal aid of $2,300. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 77% of the applicants to Crowley's Ridge College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

42%

Institution Grant Aid

90%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,088

State Grant Aid

$950

Institution Grant Aid

$5,627

Pell Grant

$4,037

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,113

$30,001 - $48,000

$8,151

$48,001 - $75,000

$6,569

$75,001 - $110,000

$8,010

Over $110,000

$5,823

Student Loans for Crowleys Ridge College (CRC)

Average Loan Amount Average Loan Amount received per year.

$5,912/Year

Students Taking Out Loans

89%

Loan Default Rate

15.9%

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