$4,465

Avg. Federal Grant

$4,670

Avg. Federal Loan

$7,163,457

Total Aid Awarded

Grays Harbor College (GHC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$7.163M

Financial Aid Official Website

www.ghc.edu/financialaid

Such schemes include American Indian Endowed Scholarship, Bobbi McCallum Scholarship, DPMA/pc Scholarship, and LeMaster/Auvil Scholarship. It is interesting to note that, every year, around 88% of students at GHC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,409,552. At GHC, the total percentage of applicants who receive the Federal Grant stands at 56%. In comparison, 72% of the students are awarded the Student Grant, 24% get the Institution Grant, and 53% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,758, while the same comes to $3,619 for State Grant receivers and $1,091 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,631. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 14% of the applicants to Grays Harbor College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

41%

Institution Grant Aid

33%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$4,465

State Grant Aid

$3,398

Institution Grant Aid

$1,372

Pell Grant

$4,473

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,987

$30,001 - $48,000

$7,247

$48,001 - $75,000

$3,877

$75,001 - $110,000

$2,797

Over $110,000

$883

Student Loans for Grays Harbor College (GHC)

Average Loan Amount Average Loan Amount received per year.

$4,670/Year

Students Taking Out Loans

14%

Loan Default Rate

20.5%

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