Garrett College Financial Aid and Scholarships
Students Receiving Aid
84%
Total Aid Amount
$2.352M
Financial Aid Official Website
www.garrettcollege.edu/financial-aid.php
Among them are scholarship programs such as Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship. It is interesting to note that, every year, around 93% of students at GC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,803,444. Notably, a total of 56% of the applicants to Garrett College receive the Federal Grant every year. In comparison, 87% of the students are awarded the Student Grant, 54% get the Institution Grant, and 56% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,743, while the same comes to $2,458 for State Grant receivers and $2,747 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,284. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 67% of the applicants to Garrett College opt for student loans.