$5,042

Avg. Federal Grant

$4,987

Avg. Federal Loan

$2,809,513

Total Aid Awarded

Ellsworth Community College (ECC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$2.810M

Financial Aid Official Website

https://ecc.iavalley.edu/admissions/financial-aid/

Such schemes include August & Edna Zahatko Scholarship, Bill & Hilda Macomber Alta Kahl Scholarship, Governor Terry E. Brandstad Iowa State Fair Scholarship, and Iowa Vocational-Technical Tuition Grant. Notably, 92% of the students at Ellsworth Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,087,528. At ECC, the total percentage of applicants who receive the Federal Grant stands at 50%. In comparison, 88% of the students are awarded the Student Grant, 72% get the Institution Grant, and 50% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,604, the State Grant receivers and Institution Grant beneficiaries get $2,303 and $2,817, respectively. And, for the Pell Grant awardees, the average aid amount is $4,349. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Ellsworth Community College, the percentage of candidates who opt to avail of student loans is around 66%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

5%

Institution Grant Aid

74%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$5,042

State Grant Aid

$1,543

Institution Grant Aid

$2,255

Pell Grant

$4,721

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,005

$30,001 - $48,000

$6,573

$48,001 - $75,000

$3,410

$75,001 - $110,000

$1,415

Over $110,000

$2,181

Student Loans for Ellsworth Community College (ECC)

Average Loan Amount Average Loan Amount received per year.

$5,191/Year

Students Taking Out Loans

63%

Loan Default Rate

21.5%

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