East Georgia State College (EGSC) Financial Aid and Scholarships
Students Receiving Aid
76%
Total Aid Amount
$9.177M
Financial Aid Official Website
www.ega.edu/offices/student_affairs/financial_aid
As many as 91% of the students at EGSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,502,536 in a year. At EGSC, the total percentage of applicants who receive the Federal Grant stands at 70%. Meanwhile, 84% of the applicants receive the Student Grant and 4% are awarded the Institution Grant, while 69% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,488, while the same comes to $2,529 for State Grant receivers and $2,944 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,205. 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. Every year, around 51% of the applicants to East Georgia State College opt for student loans.