$5,868

Avg. Federal Grant

$7,353

Avg. Federal Loan

$869,920

Total Aid Awarded

Denmark College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$869.920K

Financial Aid Official Website

N/A

Notably, 95% of the students at Denmark College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,207,440. The total percentage of candidates applying to Denmark College who receive the Federal Grant is 84%. On the other hand, 84% of the candidates get the Student Grant, while 84% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,711. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 91% of the applicants to Denmark College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$5,868

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,868

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,842

$30,001 - $48,000

N/A

$48,001 - $75,000

$3,355

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Denmark College

Average Loan Amount Average Loan Amount received per year.

$7,353/Year

Students Taking Out Loans

60%

Loan Default Rate

20.4%

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