Essex County College Financial Aid and Scholarships
Students Receiving Aid
57%
Total Aid Amount
$26.404M
Financial Aid Official Website
www.essex.edu/financial-aid/
As many as 76% of the students at ECC receive some kind of financial aid, shows the latest data. Notably, a total of 71% of the applicants to Essex County College receive the Federal Grant every year. On the other hand, 75% of the candidates get the Student Grant, 3% receive the Institution Grant, and 71% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,978, the State Grant receivers and Institution Grant beneficiaries get $2,392 and $3,738, respectively. And, for the Pell Grant awardees, the average aid amount is $4,189. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period.
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