$5,216
Avg. Federal Grant
$5,167
Avg. Federal Loan
$72,802,081
Total Aid Awarded
Students Receiving Aid
57%
Total Aid Amount
$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.
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.
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.
Average Loan Amount
$6,337/Year
Students Taking Out Loans
6%
Loan Default Rate
4.7%
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