$4,494

Avg. Federal Grant

$4,351

Avg. Federal Loan

$24,287,134

Total Aid Awarded

Daytona State College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

41%

Total Aid Amount Average Total Aid Awarded per year.

$24.287M

Financial Aid Official Website

www.daytonastate.edu/finaid/

As many as 71% of the students at DSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $11,979,694 in a year. One can visit DSC's financial aid page at http://www.daytonastate.edu/finaid/ for more information. The total percentage of candidates applying to Daytona State College who receive the Federal Grant is 53%. On the other hand, 61% of the candidates get the Student Grant, 12% receive the Institution Grant, and 53% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,764, the State Grant receivers and Institution Grant beneficiaries get $1,620 and $2,697, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,614. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 Daytona State College, the percentage of candidates who opt to avail of student loans is around 24%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

24%

Institution Grant Aid

17%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,494

State Grant Aid

$1,622

Institution Grant Aid

$2,842

Pell Grant

$4,433

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,497

$30,001 - $48,000

$5,449

$48,001 - $75,000

$2,901

$75,001 - $110,000

$1,175

Over $110,000

$2,452

Student Loans for Daytona State College

Average Loan Amount Average Loan Amount received per year.

$4,356/Year

Students Taking Out Loans

24%

Loan Default Rate

2.9%