$4,718

Avg. Federal Grant

$3,280

Avg. Federal Loan

$15,367,947

Total Aid Awarded

Estrella Mountain Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$15.368M

Financial Aid Official Website

https://www.estrellamountain.edu/students/financial-aid

As many as 76% of the students at EMCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,723,788 in a year. The total percentage of candidates applying to Estrella Mountain Community College who receive the Federal Grant is 55%. Meanwhile, 67% of the applicants receive the Student Grant and 21% are awarded the Institution Grant, while 55% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,964, and the same stands at $750 for State Grant awardees and $1,949 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,846. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 16% of the applicants to Estrella Mountain Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

1%

Institution Grant Aid

27%

Pell Grant

52%

Average Aid Awarded

Federal Grant Aid

$4,718

State Grant Aid

$550

Institution Grant Aid

$2,039

Pell Grant

$4,713

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants, with federal grants having the highest percentage contribution of 52% with an average aid amount being $4,718.

Pell grants have a percentage of 52% with an average aid amount of $4,713 which is higher than the state grant aid average of $550.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,630

$30,001 - $48,000

$5,382

$48,001 - $75,000

$2,779

$75,001 - $110,000

$880

Over $110,000

$163

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $5,630 while those with family income over $110,000 can expect to receive an aid amount of $163. This helps students who are coming from low-income homes to pay for their degree.

Student Loans for Estrella Mountain Community College

Average Loan Amount Average Loan Amount received per year.

$3,280/Year

Students Taking Out Loans

13%

Loan Default Rate

15%

A student loan is a kind of financial aid which has to be paid back within a stipulated time period. The average amount one student of Estrella Mountain Community College receives is $3,280 and around 13% of the students of Estrella Mountain Community College has opted for a student loan. The loan default rate is 15%. 

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