$4,559

Avg. Federal Grant

$4,600

Avg. Federal Loan

$9,856,920

Total Aid Awarded

Foothill College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

25%

Total Aid Amount Average Total Aid Awarded per year.

$9.857M

Financial Aid Official Website

https://foothill.edu/financialaid/

It is interesting to note that, every year, around 45% of students at FC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,873,762. More information regarding the financial assistance schemes can be accessed on FC’s official financial aid page at https://foothill.edu/financialaid/. At FC, the total percentage of applicants who receive the Federal Grant stands at 17%. On the other hand, 45% of the candidates get the Student Grant, 5% receive the Institution Grant, and 17% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,694, while the same comes to $3,098 for State Grant receivers and $401 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,859. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 3% of the applicants to Foothill College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

21%

State Grant Aid

34%

Institution Grant Aid

14%

Pell Grant

21%

Average Aid Awarded

Federal Grant Aid

$4,559

State Grant Aid

$2,078

Institution Grant Aid

$683

Pell Grant

$4,423

The different grant categories aid those students who cannot meet the financial needs. Maximum and minimum amounts are subject to change by federal legislative action. Here, the students are encouraged to explore the plethora of opportunities through affordable and accessible programs by applying in different financial aid options.

As shown in the table Federal Grant Aid Percentage and Pell Grant Percentage have a contribution of 21% with an average aid of $4,559 and $4,423. Institutional Grant Aid Percentage contributes 14% with an average aid of $683.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,887

$30,001 - $48,000

$7,826

$48,001 - $75,000

$4,556

$75,001 - $110,000

$1,705

Over $110,000

$857

The College has broken down the amount of aid which one would get based on their family income which will help to review and understand your financial aid package. 

As illustrated above, the students get an aid of $7,887 whose family income is under $30,000 and an aid of $857 whose family income is above $110,000. This signifies a proper distribution of aid which does not cause any financial burden on any of the family group.

Student Loans for Foothill College

Average Loan Amount Average Loan Amount received per year.

$4,600/Year

Students Taking Out Loans

3%

Loan Default Rate

14.9%

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