$5,182

Avg. Federal Grant

$5,039

Avg. Federal Loan

$5,370,685

Total Aid Awarded

Enterprise State Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$5.371M

Financial Aid Official Website

www.escc.edu/students/financial-aid-students/

It is interesting to note that, every year, around 87% of students at ESCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,257,604. More information regarding the financial assistance schemes can be accessed on ESCC’s official financial aid page at http://www.escc.edu/students/financial-aid-students/. At ESCC, the total percentage of applicants who receive the Federal Grant stands at 63%. In comparison, 79% of the students are awarded the Student Grant, 33% get the Institution Grant, and 62% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,540, the State Grant receivers and Institution Grant beneficiaries get $1,157 and $3,786, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,680. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Enterprise State Community College, the percentage of candidates who opt to avail of student loans is around 15%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

60%

State Grant Aid

1%

Institution Grant Aid

33%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$5,182

State Grant Aid

$500

Institution Grant Aid

$3,186

Pell Grant

$4,979

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,530

$30,001 - $48,000

$5,728

$48,001 - $75,000

$3,531

$75,001 - $110,000

$366

Over $110,000

$473

Student Loans for Enterprise State Community College

Average Loan Amount Average Loan Amount received per year.

$5,039/Year

Students Taking Out Loans

19%

Loan Default Rate

17.9%

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