Danville Community College (DCC) Financial Aid and Scholarships
Students Receiving Aid
43%
Total Aid Amount
$4.748M
Financial Aid Official Website
www.dcc.vccs.edu/studentServices/FinancialAid/financial_aid.htm
It is interesting to note that, every year, around 89% of students at DCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,328,315. For additional information about financial assistance schemes, one can head over to DCC’s financial aid page at http://www.dcc.vccs.edu/studentServices/FinancialAid/financial_aid.htm. At DCC, the total percentage of applicants who receive the Federal Grant stands at 68%. On the other hand, 81% of the candidates get the Student Grant, 15% receive the Institution Grant, and 68% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,689, the State Grant receivers and Institution Grant beneficiaries get $1,025 and $1,240, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,725. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 15% of the applicants to Danville Community College opt for student loans.
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