$5,345

Avg. Federal Grant

$5,733

Avg. Federal Loan

$9,255,518

Total Aid Awarded

Davidson County Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$9.256M

Financial Aid Official Website

www.davidsonccc.edu/financial-aid

Notably, 71% of the students at Davidson County Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,414,086. For additional information about financial assistance schemes, one can head over to DCCC’s financial aid page at http://www.davidsonccc.edu/financial-aid. At DCCC, the total percentage of applicants who receive the Federal Grant stands at 55%. On the other hand, 67% of the candidates get the Student Grant, 12% receive the Institution Grant, and 55% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,504, and the same stands at $1,975 for State Grant awardees and $679 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,291. 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. 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. At DCCC, an estimated number of 14% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

22%

Institution Grant Aid

13%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$5,345

State Grant Aid

$1,850

Institution Grant Aid

$724

Pell Grant

$5,246

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,975

$30,001 - $48,000

$5,400

$48,001 - $75,000

$5,070

$75,001 - $110,000

$1,652

Over $110,000

$843

Student Loans for Davidson County Community College

Average Loan Amount Average Loan Amount received per year.

$5,515/Year

Students Taking Out Loans

15%

Loan Default Rate

19.3%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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