$4,916

Avg. Federal Grant

$4,598

Avg. Federal Loan

$3,793,338

Total Aid Awarded

Diversified Vocational College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

78%

Total Aid Amount Average Total Aid Awarded per year.

$3.793M

Financial Aid Official Website

www.dvcla.edu

Notably, 91% of the students at Diversified Vocational College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,329,957. The total percentage of candidates applying to Diversified Vocational College who receive the Federal Grant is 88%. Meanwhile, 88% of the applicants receive the Student Grant, while 88% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,751. 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. 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. At Diversified Vocational College, the percentage of candidates who opt to avail of student loans is around 37%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

76%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

76%

Average Aid Awarded

Federal Grant Aid

$4,916

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,882

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,753

$30,001 - $48,000

$4,159

$48,001 - $75,000

$4,783

$75,001 - $110,000

$3,570

Over $110,000

N/A

Student Loans for Diversified Vocational College

Average Loan Amount Average Loan Amount received per year.

$4,663/Year

Students Taking Out Loans

36%

Loan Default Rate

17.8%

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