$2,815

Avg. Federal Grant

$1,775

Avg. Federal Loan

$3,398,999

Total Aid Awarded

Greenfield Community College (GCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$3.399M

Financial Aid Official Website

www.gcc.mass.edu/admissions

Notably, 81% of the students at Greenfield Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,123,651. For additional information about financial assistance schemes, one can head over to GCC’s financial aid page at http://www.gcc.mass.edu/admissions. Notably, a total of 63% of the applicants to Greenfield Community College receive the Federal Grant every year. Meanwhile, 81% of the applicants receive the Student Grant and 20% are awarded the Institution Grant, while 54% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,574, while the same comes to $949 for State Grant receivers and $1,167 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,208. 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. 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. At GCC, an estimated number of 17% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

76%

State Grant Aid

51%

Institution Grant Aid

16%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$2,815

State Grant Aid

$1,067

Institution Grant Aid

$799

Pell Grant

$3,899

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,549

$30,001 - $48,000

$4,253

$48,001 - $75,000

$2,912

$75,001 - $110,000

$229

Over $110,000

$319

Student Loans for Greenfield Community College (GCC)

Average Loan Amount Average Loan Amount received per year.

$1,775/Year

Students Taking Out Loans

50%

Loan Default Rate

11.9%

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