Glen Oaks Community College Financial Aid and Scholarships
Students Receiving Aid
39%
Total Aid Amount
$2.021M
Financial Aid Official Website
www.glenoaks.edu/student-services/financial-aid/
Notably, 91% of the students at Glen Oaks Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $610,047. One can visit GOCC's financial aid page at http://www.glenoaks.edu/student-services/financial-aid/ for more information. Notably, a total of 59% of the applicants to Glen Oaks Community College receive the Federal Grant every year. Meanwhile, 84% of the applicants receive the Student Grant and 43% are awarded the Institution Grant, while 59% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,502, the State Grant receivers and Institution Grant beneficiaries get $2,830 and $1,839, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,811. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Glen Oaks Community College, the percentage of candidates who opt to avail of student loans is around 18%.
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