$6,953

Avg. Federal Grant

$11,914

Avg. Federal Loan

$758,810

Total Aid Awarded

Eagle Gate College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$758.810K

Financial Aid Official Website

N/A

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $918,345. At EGCL, the total percentage of applicants who receive the Federal Grant stands at 100%. Meanwhile, 100% of the applicants receive the Student Grant and 62% are awarded the Institution Grant, while 100% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,963. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Eagle Gate College-Layton, the percentage of candidates who opt to avail of student loans is around 100%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

86%

State Grant Aid

N/A

Institution Grant Aid

9%

Pell Grant

86%

Average Aid Awarded

Federal Grant Aid

$6,953

State Grant Aid

N/A

Institution Grant Aid

$500

Pell Grant

$6,519

With Institutional grants having the lowest contribution percentage of 11% with an average aid amount of $500. Federal and pell grants having the contribution percentage of 64% with an average aid of $7253 and $7064 respectively and state grants having 0% with an amount of $0.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,394

$30,001 - $48,000

$8,000

$48,001 - $75,000

$3,094

$75,001 - $110,000

N/A

Over $110,000

N/A

The table shows the amount of aid provided based on the family income :

Here the table shows that lower the family income higher the financial aid is provided .It is basically to help the students get the degree irrespective of their financial background.for those whose family income is under $30000 they can expect the highest amount of aid i.e $6602, family income between $30001 to $48000 can expect the aid of $6344, family income between $48001 to $75000 can expect $4706 and for $75001 to over $110000 is $0. For more information, visit the website.

Student Loans for Eagle Gate College

Average Loan Amount Average Loan Amount received per year.

$12,767/Year

Students Taking Out Loans

100%

Loan Default Rate

N/A

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#N/A

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#N/A

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