$5,537

Avg. Federal Grant

$4,115

Avg. Federal Loan

$2,825,156

Total Aid Awarded

Frontier Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$2.825M

Financial Aid Official Website

www.iecc.edu/financial

Notably, 96% of the students at Frontier Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $366,966. More information regarding the financial assistance schemes can be accessed on FCC’s official financial aid page at http://www.iecc.edu/financial. The total percentage of candidates applying to Frontier Community College who receive the Federal Grant is 46%. In comparison, 95% of the students are awarded the Student Grant, 69% get the Institution Grant, and 46% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,336, and the same stands at $1,503 for State Grant awardees and $3,408 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,440. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 18% of the applicants to Frontier Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

27%

Institution Grant Aid

43%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$5,537

State Grant Aid

$1,225

Institution Grant Aid

$3,047

Pell Grant

$5,276

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,226

$30,001 - $48,000

$5,381

$48,001 - $75,000

$2,277

$75,001 - $110,000

$2,620

Over $110,000

N/A

Student Loans for Frontier Community College

Average Loan Amount Average Loan Amount received per year.

$4,115/Year

Students Taking Out Loans

11%

Loan Default Rate

7.5%