$4,360

Avg. Federal Grant

$4,924

Avg. Federal Loan

$12,927,469

Total Aid Awarded

Gordon State College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

77%

Total Aid Amount Average Total Aid Awarded per year.

$12.927M

Financial Aid Official Website

https://www.gordonstate.edu/admissions/financial-aid/

Notably, 94% of the students at Gordon State College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $9,189,125. At GSC, the total percentage of applicants who receive the Federal Grant stands at 61%. In comparison, 83% of the students are awarded the Student Grant, 10% get the Institution Grant, and 61% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,228, while the same comes to $2,765 for State Grant receivers and $3,116 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,981. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Every year, around 64% of the applicants to Gordon State College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

68%

State Grant Aid

34%

Institution Grant Aid

8%

Pell Grant

68%

Average Aid Awarded

Federal Grant Aid

$4,360

State Grant Aid

$2,718

Institution Grant Aid

$2,458

Pell Grant

$4,303

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,503

$30,001 - $48,000

$5,217

$48,001 - $75,000

$3,068

$75,001 - $110,000

$1,424

Over $110,000

$1,759

Student Loans for Gordon State College

Average Loan Amount Average Loan Amount received per year.

$5,088/Year

Students Taking Out Loans

67%

Loan Default Rate

16.6%

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