$4,472

Avg. Federal Grant

$5,045

Avg. Federal Loan

$11,080,245

Total Aid Awarded

Finger Lakes Community College (FLCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

35%

Total Aid Amount Average Total Aid Awarded per year.

$11.080M

Financial Aid Official Website

www.flcc.edu/finaid

Students can avail of scholarships provided by the college, such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Military Service Recognition Scholarships, and New York State Scholarship for Academic Excellence, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 82% of students at FLCC receive some kind of financial aid, while the total amount of assistance/loans provided is $8,065,809. For additional information about financial assistance schemes, one can head over to FLCC’s financial aid page at http://www.flcc.edu/finaid. At FLCC, the total percentage of applicants who receive the Federal Grant stands at 58%. Meanwhile, 72% of the applicants receive the Student Grant and 4% are awarded the Institution Grant, while 58% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,561, while the same comes to $2,741 for State Grant receivers and $524 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,996. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. At Finger Lakes Community College, the percentage of candidates who opt to avail of student loans is around 50%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

65%

Institution Grant Aid

4%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,472

State Grant Aid

$2,606

Institution Grant Aid

$527

Pell Grant

$4,422

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,679

$30,001 - $48,000

$6,403

$48,001 - $75,000

$3,576

$75,001 - $110,000

$1,833

Over $110,000

$141

Student Loans for Finger Lakes Community College (FLCC)

Average Loan Amount Average Loan Amount received per year.

$5,260/Year

Students Taking Out Loans

49%

Loan Default Rate

12.8%

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