$5,567

Avg. Federal Grant

N/A

Avg. Federal Loan

$1,925,128

Total Aid Awarded

El Centro College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$1.925M

Financial Aid Official Website

www.elcentrocollege.edu/pc/fa/pages/fa-offices.aspx

It is interesting to note that, every year, around 74% of students at ECC receive some kind of financial aid, while the total amount of assistance/loans provided is $6,810,265. Notably, a total of 56% of the applicants to El Centro College receive the Federal Grant every year. On the other hand, 70% of the candidates get the Student Grant, 9% receive the Institution Grant, and 56% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,072, and the same stands at $1,477 for State Grant awardees and $1,378 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,208. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At El Centro College, the percentage of candidates who opt to avail of student loans is around 12%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

23%

Institution Grant Aid

5%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$5,567

State Grant Aid

$2,165

Institution Grant Aid

$1,018

Pell Grant

$5,533

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,943

$30,001 - $48,000

$5,550

$48,001 - $75,000

$3,940

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for El Centro College

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

17.1%

Other Colleges In Dallas

Parker University
Parker University

Dallas, Texas

Paul Quinn College
Paul Quinn College

Dallas, Texas

Other Public Colleges