$4,759

Avg. Federal Grant

$3,550

Avg. Federal Loan

$19,187,749

Total Aid Awarded

Delta College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

47%

Total Aid Amount Average Total Aid Awarded per year.

$19.188M

Financial Aid Official Website

www.delta.edu/admissions-aid/cost-financial-aid/financial-aid.html

Among them are scholarship programs such as TOPS - Tech Award. It is interesting to note that, every year, around 77% of students at DC receive some kind of financial aid, while the total amount of assistance/loans provided is $5,493,943. One can visit DC's financial aid page at http://www.deltacollege.edu/department/financial-aid-scholarships-veterans-services for more information. Notably, a total of 53% of the applicants to Delta College receive the Federal Grant every year. In comparison, 64% of the students are awarded the Student Grant, 13% get the Institution Grant, and 53% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,705, while the same comes to $3,487 for State Grant receivers and $1,619 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,739. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 13% of the applicants to Delta College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

25%

Institution Grant Aid

10%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,759

State Grant Aid

$3,100

Institution Grant Aid

$1,447

Pell Grant

$4,668

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,010

$30,001 - $48,000

$6,112

$48,001 - $75,000

$3,180

$75,001 - $110,000

$494

Over $110,000

$332

Student Loans for Delta College

Average Loan Amount Average Loan Amount received per year.

$3,613/Year

Students Taking Out Loans

16%

Loan Default Rate

15.9%

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