$5,012

Avg. Federal Grant

$5,669

Avg. Federal Loan

$2,628,361

Total Aid Awarded

Feather River College (FRC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$2.628M

Financial Aid Official Website

www.frc.edu/financialaid/

It is interesting to note that, every year, around 81% of students at FRCCD receive some kind of financial aid, while the total amount of assistance/loans provided is $1,186,836. The total percentage of candidates applying to Feather River Community College District who receive the Federal Grant is 45%. In comparison, 69% of the students are awarded the Student Grant, 14% get the Institution Grant, and 45% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,082, while the same comes to $2,651 for State Grant receivers and $1,395 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,574. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At FRCCD, an estimated number of 33% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

41%

Institution Grant Aid

3%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$5,012

State Grant Aid

$2,308

Institution Grant Aid

$867

Pell Grant

$4,691

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,344

$30,001 - $48,000

$6,381

$48,001 - $75,000

$4,070

$75,001 - $110,000

$1,564

Over $110,000

N/A

Student Loans for Feather River College (FRC)

Average Loan Amount Average Loan Amount received per year.

$5,775/Year

Students Taking Out Loans

32%

Loan Default Rate

11.7%

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