$7,403

Avg. Federal Grant

$7,863

Avg. Federal Loan

$838,213

Total Aid Awarded

Goddard College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$838.213K

Financial Aid Official Website

www.goddard.edu/admissions-financial-aid/financial-aid

Among them are scholarship programs such as Denton and Ann Lyon Scholarship, Emily Lester Vermont Opportunity Scholarship, Kittredge Coddington Memorial Scholarship, and NEEBC Scholarship Award. It is interesting to note that, every year, around 80% of students at GC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,274,131. For additional information about financial assistance schemes, one can head over to GC’s financial aid page at http://www.goddard.edu/admissions-financial-aid/financial-aid. Notably, a total of 60% of the applicants to Goddard College receive the Federal Grant every year. On the other hand, 80% of the candidates get the Student Grant, 20% receive the Institution Grant, and 60% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,786. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $7,107 on average in a year. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 Goddard College, the percentage of candidates who opt to avail of student loans is around 80%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

N/A

Institution Grant Aid

50%

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$7,403

State Grant Aid

N/A

Institution Grant Aid

$750

Pell Grant

$5,920

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,570

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

$1,000

Student Loans for Goddard College

Average Loan Amount Average Loan Amount received per year.

$7,863/Year

Students Taking Out Loans

75%

Loan Default Rate

2.8%

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