$5,216

Avg. Federal Grant

$5,167

Avg. Federal Loan

$72,802,081

Total Aid Awarded

Queens College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$72.802M

Financial Aid Official Website

www.qc.cuny.edu/admissions/fa/Pages/default.aspx

Financial aid refers to funding that students can use to pay for college and are generally awarded on the basis of need or merit. The total aid awarded at the Queens College (QC), Queens, New York, is $72,802,081 and the percentage of the students receiving the aid is 57%. The average federal loan is around $5167.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

70%

Institution Grant Aid

6%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$5,216

State Grant Aid

$5,421

Institution Grant Aid

$4,713

Pell Grant

$5,201

Financial aid is basically to provide students financial help that they need to complete their education and get their degree. The table below shows the breakdown of the financial aid that includes federal grants, pell grants, state grants, and institutional grants.

Institutional grants having the highest contribution of around 6% with an average aid amount of $4,713. Federal and pell grants having a contribution of 57% with an average aid of $5,216 and $5,201 respectively, and state grant having 70% with an amount of $5,421.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,332

$30,001 - $48,000

$10,331

$48,001 - $75,000

$6,738

$75,001 - $110,000

$3,529

Over $110,000

$1,061

The table shows above the amount of aid provided based on family income.

It is basically to help the students get the degree irrespective of their financial background. For those whose family income is under $30,000, they can expect the highest amount of aid that is $12,332, for the range between $30,001-$48,000 can expect the aid of $10,331, and $48,001-$75,000 can expect $6,738 and for $75,001-$1,10,000 gets the aid of $3,529. Thus, the family income over $1,10,000 can expect the amount of $1,061 that is the lowest amount of aid provided.

Student Loans for Queens College

Average Loan Amount Average Loan Amount received per year.

$6,337/Year

Students Taking Out Loans

6%

Loan Default Rate

4.7%

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