$5,180

Avg. Federal Grant

$2,533

Avg. Federal Loan

$28,185,360

Total Aid Awarded

Cypress College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$28.185M

Financial Aid Official Website

www.cypresscollege.edu/admissions/financialAid

It is interesting to note that, every year, around 78% of students at CC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,669,664. For additional information about financial assistance schemes, one can head over to CC’s financial aid page at http://www.cypresscollege.edu/admissions/financialAid. Notably, a total of 47% of the applicants to Cypress College receive the Federal Grant every year. In comparison, 77% of the students are awarded the Student Grant, 1% get the Institution Grant, and 47% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,153, and the same stands at $2,153 for State Grant awardees and $1,620 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,078. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 1% of the applicants to Cypress College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

68%

Institution Grant Aid

N/A

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$5,180

State Grant Aid

$1,761

Institution Grant Aid

N/A

Pell Grant

$5,086

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,626

$30,001 - $48,000

$7,009

$48,001 - $75,000

$4,677

$75,001 - $110,000

$4,044

Over $110,000

N/A

Student Loans for Cypress College

Average Loan Amount Average Loan Amount received per year.

$2,533/Year

Students Taking Out Loans

3%

Loan Default Rate

11.2%

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