$4,376

Avg. Federal Grant

$4,198

Avg. Federal Loan

$11,603,623

Total Aid Awarded

Green River College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

26%

Total Aid Amount Average Total Aid Awarded per year.

$11.604M

Financial Aid Official Website

www.greenriver.edu/student-affairs/financial-aid.htm

As many as 49% of the students at GRC get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,478,274 in a year. More information regarding the financial assistance schemes can be accessed on GRC’s official financial aid page at http://www.greenriver.edu/student-affairs/financial-aid.htm. The total percentage of candidates applying to Green River College who receive the Federal Grant is 31%. Meanwhile, 37% of the applicants receive the Student Grant and 9% are awarded the Institution Grant, while 30% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,132, the State Grant receivers and Institution Grant beneficiaries get $2,966 and $1,630, respectively. And, for the Pell Grant awardees, the average aid amount is $3,963. 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 GRC, an estimated number of 16% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

30%

State Grant Aid

23%

Institution Grant Aid

7%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$4,376

State Grant Aid

$3,199

Institution Grant Aid

$1,371

Pell Grant

$4,250

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,075

$30,001 - $48,000

$6,812

$48,001 - $75,000

$2,777

$75,001 - $110,000

$159

Over $110,000

$142

Student Loans for Green River College

Average Loan Amount Average Loan Amount received per year.

$4,224/Year

Students Taking Out Loans

14%

Loan Default Rate

12.3%

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