Empire College Financial Aid and Scholarships
Students Receiving Aid
55%
Total Aid Amount
$1.281M
Financial Aid Official Website
www.empcol.edu
Notably, 85% of the students at Empire College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,500,525. The total percentage of candidates applying to Empire College who receive the Federal Grant is 60%. Meanwhile, 60% of the applicants receive the Student Grant and 15% are awarded the Institution Grant, while 60% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,381, while the same comes to $1,698 for State Grant receivers and $2,809 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,136. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 82% of the applicants to Empire College opt for student loans.
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