$4,853

Avg. Federal Grant

$6,847

Avg. Federal Loan

$1,875,341

Total Aid Awarded

Eastwick College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$1.875M

Financial Aid Official Website

www.eastwickcollege.edu

It is interesting to note that, every year, around 97% of students at ECH receive some kind of financial aid, while the total amount of assistance/loans provided is $1,954,000. At ECH, the total percentage of applicants who receive the Federal Grant stands at 76%. In comparison, 97% of the students are awarded the Student Grant, 97% get the Institution Grant, and 76% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $2,711, while the same comes to $3,488 for State Grant receivers and $1,062 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,720. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 89% of the applicants to Eastwick College-Hackensack opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

72%

State Grant Aid

12%

Institution Grant Aid

88%

Pell Grant

72%

Average Aid Awarded

Federal Grant Aid

$4,853

State Grant Aid

$4,942

Institution Grant Aid

$1,793

Pell Grant

$4,601

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,331

$30,001 - $48,000

$4,966

$48,001 - $75,000

$3,454

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Eastwick College

Average Loan Amount Average Loan Amount received per year.

$6,896/Year

Students Taking Out Loans

90%

Loan Default Rate

8.3%

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