$4,964

Avg. Federal Grant

$5,867

Avg. Federal Loan

$8,723,301

Total Aid Awarded

Crown College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$8.723M

Financial Aid Official Website

www.crown.edu/admissions/financial-aid/

It is interesting to note that, every year, around 97% of students at CC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,308,392. At CC, the total percentage of applicants who receive the Federal Grant stands at 41%. On the other hand, 97% of the candidates get the Student Grant, 97% receive the Institution Grant, and 41% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,438, while the same comes to $5,071 for State Grant receivers and $10,384 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,004. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 76% of the applicants to Crown College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

41%

Institution Grant Aid

95%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,964

State Grant Aid

$5,341

Institution Grant Aid

$10,262

Pell Grant

$4,401

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,373

$30,001 - $48,000

$17,344

$48,001 - $75,000

$17,310

$75,001 - $110,000

$13,607

Over $110,000

$10,817

Student Loans for Crown College

Average Loan Amount Average Loan Amount received per year.

$8,003/Year

Students Taking Out Loans

82%

Loan Default Rate

7.3%

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